BlueLinx Holdings (BXC) director’s trust sells 34,138 shares at $84.15
Rhea-AI Filing Summary
BlueLinx Holdings Inc. director Kim S. Fennebresque reported that a grantor trust associated with him sold 34,138 shares of Common Stock of BlueLinx on August 6, 2026. The disposition was reported as an indirect sale by the grantor trust at a weighted average price of $84.15 per share, with individual sale prices ranging from $82.46 to $85.51. After these transactions, Fennebresque is shown as holding 12,982 shares of Common Stock directly, plus several blocks of Restricted Stock Units (RSUs), including a direct RSU award covering 4,266 underlying shares and multiple indirect RSU holdings in the grantor trust with different historical vesting and future delivery schedules.
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Insights
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Insider Trade Summary
Net Seller: 34,138 shares
Net Sell
7 txns
Insider
Fennebresque Kim S
Role
Director
Sold
34,138 shs ($2.87M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 34,138 | $84.15 | $2.87M |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Restricted Stock Units F2, F6 | -- | -- | -- |
| holding | Restricted Stock Units F2, F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By grantor trust);
Restricted Stock Units — 4,266 shares (Direct);
Restricted Stock Units — 68,180 shares (Indirect, By grantor trust);
Common Stock — 12,982 shares (Direct)
Footnotes (7)
- F1. The transactions reported in this line item were consummated at prices ranging from $82.46 to $85.51 per share, resulting in a weighted average purchase price of $84.15 per share. The reporting person undertakes to provide BXC, any security holder of BXC, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- F3. These are time-based restricted stock units that vest on May 18, 2027. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
- F4. The restricted stock units vested on May 21, 2021. Vested shares will be delivered to the reporting person within 30 days after the earlier of May 21, 2030, or termination of reporting person's service on the Board of Directors.
- F5. The restricted stock units vested on May 17, 2020. Vested shares will be delivered to the reporting person within 30 days after the earlier of May 17, 2029, or termination of reporting person's service on the Board of Directors.
- F6. The restricted stock units vested on January 11, 2019. Vested shares will be delivered to the reporting person within 30 days after the earlier of January 11, 2028, or termination of reporting person's service on the Board of Directors.
- F7. The restricted stock units vested on January 11, 2018. Vested shares will be delivered to the reporting person within 30 days after the earlier of January 11, 2027, or termination of reporting person's service on the Board of Directors.
Key Figures
Shares sold: 34,138 shares
Weighted average sale price: $84.15 per share
Sale price range: $82.46–$85.51 per share
+5 more
8 metrics
Shares sold
34,138 shares
Common Stock sold indirectly by grantor trust on August 6, 2026
Weighted average sale price
$84.15 per share
Common Stock sale by grantor trust; prices ranged from $82.46 to $85.51
Sale price range
$82.46–$85.51 per share
Price range for shares sold by grantor trust on August 6, 2026
Direct common shares after transaction
12,982 shares
Common Stock held directly by Kim S. Fennebresque following reported transactions
Direct RSUs underlying shares
4,266 shares
Restricted Stock Units directly held, each unit representing one share of common stock
Indirect RSUs underlying shares (grantor trust block 1)
21,334 shares
Restricted Stock Units held indirectly by grantor trust with future delivery conditions
Indirect RSUs underlying shares (grantor trust block 2)
9,485 shares
Additional Restricted Stock Units held indirectly by grantor trust
Indirect RSUs underlying shares (grantor trust block 3)
15,108 shares
Additional Restricted Stock Units held indirectly by grantor trust
Key Terms
grantor trust, Restricted Stock Units, weighted average purchase price, contingent right
4 terms
grantor trust financial
"The sale was reported as indirect ownership "By grantor trust"."
A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.
Restricted Stock Units financial
"Several entries list "Restricted Stock Units" tied to common stock."
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.
weighted average purchase price financial
"Footnote F1 notes a weighted average purchase price of $84.15 per share."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction in BXC stock did Kim S. Fennebresque report?
Kim S. Fennebresque reported that a grantor trust associated with him sold 34,138 shares of BlueLinx Holdings Inc. common stock on August 6, 2026, in open-market or private transactions at a weighted average price of $84.15 per share.
What Restricted Stock Units tied to BXC common stock does Fennebresque retain?
Fennebresque retains several RSU positions tied to BlueLinx common stock, including 4,266 underlying shares directly plus indirect RSU holdings in a grantor trust covering 21,334, 9,485, 15,108, and 22,253 underlying shares, each with specified vesting or delivery conditions.
When do Kim S. Fennebresque’s BXC RSUs vest or settle?
One time-based RSU award vests on May 18, 2027, with shares delivered within 30 days after vesting. Other RSUs vested previously and will be delivered within 30 days after earlier specified future dates or his termination of service on the Board of Directors.