Director at Builders FirstSource (NYSE: BLDR) receives 2,558 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Builders FirstSource director Cory Jacobs Boydston reported a compensation-related award of restricted stock units. He acquired 2,558 RSUs on common stock at no cash cost under the company’s 2014 Incentive Plan. These units vest on May 14, 2027 and convert into one share each upon vesting.
Following this grant, Boydston directly holds 26,312 shares or share-equivalent units in total. Because this is an equity award rather than an open-market purchase or sale, it reflects routine director compensation rather than an active trading decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boydston Cory Jacobs
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,558 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 26,312 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,558 units
Grant price: $0.00 per share
Holdings after grant: 26,312 shares
+1 more
4 metrics
RSUs granted
2,558 units
Restricted stock units granted to director on May 14, 2026
Grant price
$0.00 per share
Equity award, no cash paid by director
Holdings after grant
26,312 shares
Total direct ownership following RSU award
Vesting date
May 14, 2027
RSUs vest and convert into common shares on this 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 insider transaction did Builders FirstSource (BLDR) report for Cory Jacobs Boydston?
Builders FirstSource reported a grant of restricted stock units to director Cory Jacobs Boydston. He received 2,558 RSUs as equity compensation, not through an open-market trade, under the company’s 2014 Incentive Plan, increasing his total direct holdings to 26,312 shares or equivalents.
When do Cory Jacobs Boydston’s restricted stock units in Builders FirstSource (BLDR) vest?
The 2,558 restricted stock units granted to Cory Jacobs Boydston vest on May 14, 2027. On that date, each vested RSU entitles him to receive one share of Builders FirstSource common stock, subject to continued service and the plan’s standard conditions.
What is Cory Jacobs Boydston’s total direct holding in Builders FirstSource (BLDR) after this Form 4?
After this award, Cory Jacobs Boydston’s direct holdings total 26,312 shares or share-equivalent units. This figure includes the newly granted 2,558 restricted stock units reported in the Form 4 insider transaction filed for Builders FirstSource.
Was Cory Jacobs Boydston’s Builders FirstSource (BLDR) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell; it was an equity award. The Form 4 shows a Code A transaction, meaning a grant or award of 2,558 restricted stock units at no cash cost as part of director compensation.