Builders FirstSource (BLDR) exec gifts 900 shares to charity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Builders FirstSource COO-designate Michael Hiller reported a bona fide gift of 900 shares of common stock. The gift, dated June 4, 2026, transferred the shares to a charitable organization at no stated price. After the transaction, he continues to hold 52,142 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
900 shares gifted
Mixed
1 txn
Insider
Hiller Michael
Role
COO-Designate
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $0.01 per share | 900 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 52,142 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 900 shares
Price per share: $0.00 per share
Shares held after transaction: 52,142 shares
+1 more
4 metrics
Shares gifted
900 shares
Bona fide gift of common stock on June 4, 2026
Price per share
$0.00 per share
Reported value for gifted shares
Shares held after transaction
52,142 shares
Direct ownership after the gift
Total gifted shares in filing
900 shares
GiftShares in transaction summary
Key Terms
bona fide gift, charitable organization, Common Stock, par value $0.01 per share
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
charitable organization financial
"Reflects the gift of common stock to a charitable organization."
FAQ
What insider transaction did BLDR executive Michael Hiller report?
Michael Hiller reported a bona fide gift of 900 BLDR shares. The Form 4 shows he transferred 900 shares of Builders FirstSource common stock as a gift to a charitable organization, rather than selling them in the open market.
When did the BLDR insider gift transaction by Michael Hiller occur?
The gift transaction is dated June 4, 2026. The Form 4 identifies this as the transaction date for the bona fide gift of 900 Builders FirstSource common shares to a charitable organization, with updated holdings reported afterward.