Builders FirstSource (BLDR) officer awarded RSUs, shares withheld to cover taxes
Rhea-AI Filing Summary
Builders FirstSource Principal Accounting Officer Matthew Trester reported equity compensation awards and related tax withholding in company stock. He acquired 1,419 and 698 shares of common stock as restricted stock units under the 2014 Incentive Plan, both at a stated price of $0.00 per share.
The new restricted stock units vest in 33.3% increments on each of March 15, 2027, 2028, and 2029, with each vested unit converting into one share of common stock. In a separate transaction, 648 shares at $88.09 per share were withheld to cover tax obligations tied to vesting of previously granted performance-based and time-based restricted stock units.
After these compensation-related transactions and tax withholding, Trester directly owns 4,629 shares of Builders FirstSource common stock. The activity reflects routine stock-based compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 1,419 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 698 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 648 | $88.09 | $57K |
Footnotes (3)
- F1. Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan. The restricted stock units vest in 33.3% increments on each of March 15, 2027-2029 and entitle the reporting person to one share of common stock for each restricted stock unit that vests.
- F2. Reflects the vesting of performance-based restricted stock units granted pursuant to the Corporation's 2014 Incentive Plan.
- F3. Reflects shares withheld to pay tax withholding requirements on vesting of previously granted performance-based restricted stock units and restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.