Builders FirstSource (NYSE: BLDR) director receives 2,558 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Builders FirstSource, Inc. director Charles R. Dirkson reported a compensation-related equity award rather than an open-market trade. He received 2,558 shares of common stock in the form of restricted stock units granted at a price of $0.00 per share under the company’s 2014 Incentive Plan.
The footnote explains these restricted stock units vest on May 14, 2027 and will convert into one share of common stock for each unit that vests. Following the award, Dirkson directly holds 13,887 shares and also has 5,000 shares held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Charles Dirkson R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,558 | $0.00 | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 13,887 shares (Direct, null);
Common Stock, par value $0.01 per share — 5,000 shares (Indirect, By trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,558 shares
Grant price: $0.00 per share
Vesting date: May 14, 2027
+2 more
5 metrics
RSU grant size
2,558 shares
Restricted stock units granted on May 14, 2026
Grant price
$0.00 per share
Equity award under 2014 Incentive Plan
Vesting date
May 14, 2027
RSUs convert to one share each on vesting
Direct holdings after grant
13,887 shares
Common stock held directly following the transaction
Indirect holdings by trust
5,000 shares
Common stock held indirectly by trust as of transaction date
Key Terms
restricted stock units, 2014 Incentive Plan, vest
3 terms
restricted stock units financial
"Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2014 Incentive Plan financial
"Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan."
vest financial
"The restricted stock units vest on May 14, 2027 and entitle the reporting person to one share of common stock for each restricted stock unit that vests."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Builders FirstSource (BLDR) director Charles R. Dirkson report in this Form 4?
Charles R. Dirkson reported receiving an equity award of restricted stock units, not an open-market trade. The filing shows a grant of 2,558 common stock units as compensation under Builders FirstSource’s 2014 Incentive Plan, which will convert into shares upon vesting.
When do Charles R. Dirkson’s Builders FirstSource (BLDR) restricted stock units vest?
The restricted stock units vest on May 14, 2027. On that date, each vested unit will entitle the director to receive one share of Builders FirstSource common stock, aligning his compensation with long-term company performance over the vesting period.
What are Charles R. Dirkson’s holdings in Builders FirstSource (BLDR) after this Form 4?
After the reported grant, Charles R. Dirkson directly owns 13,887 shares of Builders FirstSource common stock. In addition, 5,000 shares are held indirectly by a trust. These figures reflect equity exposure excluding the unvested restricted stock units granted in the transaction.
Under which plan were the Builders FirstSource (BLDR) restricted stock units granted?
The restricted stock units were granted under Builders FirstSource’s 2014 Incentive Plan. This plan provides equity-based compensation, and the awarded units convert into common stock on vesting, linking director compensation to the company’s share performance over time.