Builders FirstSource (BLDR) CFO receives stock units, shares withheld for tax
Rhea-AI Filing Summary
Builders FirstSource EVP & CFO Pete Beckmann reported equity compensation grants and related tax withholding. He received awards of common stock and restricted stock units under the corporation's 2014 Incentive Plan, including restricted stock units that vest in 33.3% increments on each of March 15, 2027, 2028, and 2029, with each vested unit converting into one common share.
The filing also shows shares withheld to cover tax obligations when previously granted performance-based and time-based restricted stock units vested. For direct holdings, 1,966 shares were withheld at $88.09 per share, leaving 38,266 common shares directly owned after these transactions. For indirect holdings by his spouse, 1,873 shares were withheld at $88.09 per share, leaving 43,259 common shares held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 11,352 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 1,398 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,966 | $88.09 | $173K |
| Grant/Award | Common Stock, par value $0.01 per share | 3,406 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 2,237 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,873 | $88.09 | $165K |
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.
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