Builders FirstSource exec granted stock units
Builders FirstSource, Inc. executive Vance Todd, President - East Division, reported equity compensation and related tax withholding transactions in company common stock.
Rhea-AI Filing Summary
Builders FirstSource, Inc. executive Vance Todd, President - East Division, reported equity compensation and related tax withholding transactions in company common stock. He received 7,663 restricted stock units under the 2014 Incentive Plan, which vest in 33.3% increments on March 15 of 2027, 2028, and 2029.
He also acquired 2,237 shares through vesting of performance-based restricted stock units. To satisfy tax withholding on the vesting of previously granted performance-based and time-based restricted stock units, 1,703 shares were withheld at a price of $88.09 per share. Following these transactions, he directly owns 39,318 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 7,663 | $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 | 1,703 | $88.09 | $150K |
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.
FAQ
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What did Builders FirstSource (BLDR) executive Vance Todd report on this Form 4?
How many restricted stock units did Vance Todd receive from Builders FirstSource (BLDR)?
What are the vesting terms for Vance Todd’s new Builders FirstSource (BLDR) restricted stock units?
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