BlueLinx (BXC) director adds 2,074 shares as RSUs vest and new grant issued
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlueLinx Holdings Inc. director Anuj Dhanda reported equity compensation activity involving restricted stock units (RSUs). On May 19, 2026, 2,074 RSUs vested and were converted into the same number of shares of common stock, increasing his direct holdings to 4,975 common shares. Separately, on May 18, 2026, he received a grant of 2,749 RSUs, each representing a contingent right to one share of common stock. The RSUs vest on the first anniversary of the grant date, with vested shares to be delivered within 30 days of vesting. These are compensation-related awards and conversions, with no open-market purchases or sales disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,074 shares exercised/converted
Mixed
3 txns
Insider
DHANDA ANUJ
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,074 | $0.00 | -- |
| Exercise | Common Stock | 2,074 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,749 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 4,975 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. The restricted stock units vest on the first anniversary date of the date of grant. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
Key Figures
RSUs converted to shares: 2,074 shares
Post-transaction common shares: 4,975 shares
New RSU grant: 2,749 RSUs
+2 more
5 metrics
RSUs converted to shares
2,074 shares
RSUs vested and converted to common stock on May 19, 2026
Post-transaction common shares
4,975 shares
Direct common stock holdings after RSU conversion
New RSU grant
2,749 RSUs
Restricted stock units granted on May 18, 2026
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to one common share
Exercise/Conversion transactions
1 transaction, 2,074 units
Derivative exercise/conversion of RSUs into common stock
Key Terms
Restricted Stock Units, derivative security, contingent right, vest
4 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"The restricted stock units vest on the first anniversary date of the date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
