BlueLinx (BXC) director gains 2,074 shares from RSUs and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlueLinx Holdings Inc. director Keith Haas reported routine equity compensation activity involving restricted stock units (RSUs). On May 19, 2026, 2,074 RSUs vested and were converted into the same number of common shares, bringing his directly held common stock to 5,965 shares.
Separately, on May 18, 2026, he received a new grant of 2,749 RSUs, each representing a contingent right to one share of common stock. These RSUs vest on the first anniversary of the grant date, with vested shares to be delivered within 30 days after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,074 shares exercised/converted
Mixed
3 txns
Insider
Haas Keith
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 — 5,965 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: 2,074 units
Common shares held: 5,965 shares
New RSU grant: 2,749 units
+1 more
4 metrics
RSUs converted
2,074 units
RSUs vested and converted to common stock on May 19, 2026
Common shares held
5,965 shares
Directly held common stock after RSU conversion
New RSU grant
2,749 units
Restricted stock units granted on May 18, 2026
RSU-to-share ratio
1:1
Each restricted stock unit represents right to one common share
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 of BlueLinx Holdings Inc. common stock."
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.
FAQ
What insider transactions did Keith Haas report for BlueLinx (BXC)?
Keith Haas reported vesting of 2,074 restricted stock units into common shares and a new grant of 2,749 RSUs. Both actions are compensation-related, with no open-market buying or selling disclosed, and increase his equity-based exposure to BlueLinx Holdings Inc.
What happened to the 2,074 restricted stock units reported by Keith Haas at BlueLinx?
The 2,074 restricted stock units vested on May 19, 2026 and were converted into 2,074 shares of BlueLinx common stock. The filing notes these vested shares will be delivered to Haas no later than 30 days after the vesting date.
What are the terms of Keith Haas’s new 2,749 RSU grant at BlueLinx (BXC)?
Keith Haas received 2,749 restricted stock units that vest on the first anniversary of the grant date. Each RSU represents a contingent right to one share of BlueLinx common stock, with vested shares to be delivered within 30 days after vesting.
Did Keith Haas buy or sell BlueLinx stock on the open market in this Form 4?
No open-market purchases or sales were reported. The Form 4 shows a conversion of 2,074 RSUs into common stock and a separate grant of 2,749 RSUs, both at a stated price per unit of $0.00 as compensation-related equity awards.