BlueLinx (NYSE: BXC) CFO exercises RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlueLinx Holdings Inc. senior vice president, CFO and treasurer Christopher K. Wall reported compensation-related equity activity involving restricted stock units and common shares.
On May 19, 2026, he exercised restricted stock units covering 1,788 shares of common stock. To satisfy tax obligations, 529 shares of common stock were withheld at $46.86 per share. After these transactions, he directly held 8,409 shares of common stock, along with time-based restricted stock units that vest ratably over three years commencing on May 19, 2026 and June 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,788 shares exercised/converted
Mixed
4 txns
Insider
Wall Christopher K
Role
SVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,788 | $0.00 | -- |
| Exercise | Common Stock | 1,788 | $0.00 | -- |
| Tax Withholding | Common Stock | 529 | $46.86 | $25K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,575 shares (Direct, null);
Common Stock — 8,938 shares (Direct, null)
Footnotes (1)
- Represents the conversion of restricted stock units that vested on May 19, 2026. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date. Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock. These are time-based restricted stock units that vest ratably over three years commencing on May 19, 2026. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date. These are time-based restricted stock units that vest ratably over three years commencing on June 6, 2026. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
Key Figures
RSU exercise shares: 1,788 shares
Tax withholding shares: 529 shares
Tax withholding price: $46.86 per share
+3 more
6 metrics
RSU exercise shares
1,788 shares
Restricted stock units converted to common stock on May 19, 2026
Tax withholding shares
529 shares
Shares withheld to pay tax liability on May 19, 2026
Tax withholding price
$46.86 per share
Value used for payment of tax liability via delivered securities
Common shares after transactions
8,409 shares
Direct BlueLinx common stock holdings following May 19, 2026 activity
Underlying RSU shares
5,334 shares
Common shares underlying remaining restricted stock units, direct ownership
RSU exercise price
$0.00 per unit
Conversion or exercise price for restricted stock units
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, time-based restricted stock units, +1 more
5 terms
Restricted Stock Units financial
"Represents the conversion of restricted stock units that vested on May 19, 2026."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security."
time-based restricted stock units financial
"These are time-based restricted stock units that vest ratably over three years."
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
vest ratably over three years financial
"These are time-based restricted stock units that vest ratably over three years."
FAQ
What insider transactions did BXC executive Christopher K. Wall report?
Christopher K. Wall, SVP, CFO and Treasurer of BlueLinx Holdings Inc., exercised restricted stock units for 1,788 common shares and had 529 shares withheld to cover tax obligations. These were compensation-related, non-open-market transactions involving equity awards and associated tax withholding.
What ongoing restricted stock unit awards does the BlueLinx (BXC) CFO hold?
The filing shows time-based restricted stock units that vest ratably over three years commencing on May 19, 2026 and June 6, 2026. Each restricted stock unit represents a contingent right to receive one share of BlueLinx common stock when the applicable vesting conditions are satisfied.
Is there a remaining RSU position linked to BlueLinx (BXC) common stock?
Yes. Derivative holdings include restricted stock units linked to 5,334 underlying shares of BlueLinx common stock. These awards are time-based and vest over three-year periods beginning on May 19, 2026 and June 6, 2026, with vested shares delivered within 30 days.