BlueLinx (BXC) Insider Filing: Performance RSUs Vest, Shares Withheld for Taxes
Rhea-AI Filing Summary
Michael Wilson, Chief Commercial Officer of BlueLinx Holdings Inc. (BXC), reported equity changes on Form 4 showing the vesting and conversion of restricted stock units on 08/13/2025. 553 performance-based restricted stock units vested and converted into 553 shares; 553 of those shares were withheld to satisfy tax withholding. Separately, 4,347 time-based restricted stock units remain outstanding and will vest in three equal annual installments beginning 06/06/2026, with vested shares delivered within 30 days of each vesting date. The filing was signed on 08/15/2025 by an attorney-in-fact.
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Insights
TL;DR Routine vesting and tax withholding of RSUs; no new cash transactions or option exercises reported.
The report documents the conversion of 553 performance-based restricted stock units into common shares and the withholding of those same 553 shares for taxes. It also shows 4,347 time-based RSUs outstanding that vest in equal annual tranches starting 06/06/2026. These are standard executive compensation mechanics and do not indicate additional purchases or sales by the reporting person.
TL;DR Disclosure reflects board-certified performance vesting and standard delivery schedule for time-based awards.
The Human Capital and Compensation Committee certified achievement of performance criteria for awards granted on 06/30/2022, resulting in conversion on 08/13/2025. Tax withholding was effected by share retention. Time-based RSUs have defined vesting dates and delivery timelines. This filing is a routine disclosure under Section 16 and does not, by itself, signal governance changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 553 | $0.00 | -- |
| Exercise | Common Stock | 553 | $0.00 | -- |
| Tax Withholding | Common Stock | 236 | $78.72 | $19K |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- Represents the conversion of performance-based restricted stock units that vested on August 13, 2025. These performance-based restricted stock units were granted on June 30, 2022, and achievement of the related performance criteria was certified by the Human Capital and Compensation Committee of the Board of Directors on August 13, 2025. Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock. These shares were withheld to cover tax withholding obligations when 553 performance-based restricted stock units vested on August 13, 2025. These are time-based restricted stock units that vest in three equal annual installments commencing on June 6, 2026. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.