BlueLinx (NYSE: BXC) director exercises RSUs and receives 4,266-unit award
Rhea-AI Filing Summary
BlueLinx Holdings Inc. director Kim S. Fennebresque reported equity compensation activity. On May 19, 2026, he exercised 3,218 restricted stock units into 3,218 shares of common stock at an exercise price of $0.0000 per share, bringing his direct common stock holdings to 12,982 shares.
On May 18, 2026, he also received a grant of 4,266 restricted stock units, each representing a contingent right to one common share. In addition to his direct holdings, a grantor trust holds 34,138 shares of common stock and several blocks of restricted stock units covering 22,253, 15,108, 9,485 and 21,334 underlying common shares, with delivery generally tied to vesting and specified future dates or board service termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,218 shares
Net Buy
8 txns
Insider
Fennebresque Kim S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,218 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,218 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,266 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,266 shares (Direct);
Common Stock — 12,982 shares (Direct);
Restricted Stock Units — 68,180 shares (Indirect, By grantor trust);
Common Stock — 34,138 shares (Indirect, By grantor trust)
Footnotes (8)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- F3. Represents 9,090 shares subject to restricted stock units that vested in full on January 13, 2016, 14,754 shares subject to restricted stock units that vested in full on March 31, 2017, and 10,294 shares subject to restricted stock units that vested in full on May 20, 2017. Pursuant to the terms of the applicable award agreements, vested shares were delivered to the reporting person following the tenth anniversary of the date of grant.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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
RSUs exercised: 3,218 units
New RSU grant: 4,266 units
Direct common shares after exercise: 12,982 shares
+5 more
8 metrics
RSUs exercised
3,218 units
Restricted stock units converted to common stock on May 19, 2026
New RSU grant
4,266 units
Restricted stock units granted on May 18, 2026
Direct common shares after exercise
12,982 shares
Direct BlueLinx common stock holdings following May 19, 2026 transaction
Indirect common shares
34,138 shares
Common stock held indirectly by grantor trust as of May 18, 2026
Indirect RSU block
22,253 underlying shares
Restricted stock units held indirectly via grantor trust
Indirect RSU block
15,108 underlying shares
Restricted stock units held indirectly via grantor trust
Indirect RSU block
9,485 underlying shares
Restricted stock units held indirectly via grantor trust
Indirect RSU block
21,334 underlying shares
Restricted stock units held indirectly via grantor trust
Key Terms
Restricted Stock Units, grantor trust, derivative security, contingent right, +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.
grantor trust financial
"nature_of_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.
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"
vesting date financial
"Vested shares will be delivered to the reporting person not later than 30 days after the vesting date."
FAQ
What insider transactions did BlueLinx (BXC) director Kim S. Fennebresque report?
He reported exercising 3,218 restricted stock units into 3,218 shares of BlueLinx common stock and receiving a new grant of 4,266 restricted stock units. These are equity compensation events, not open-market purchases or sales.
What restricted stock unit awards did Kim S. Fennebresque receive from BlueLinx (BXC)?
On May 18, 2026, he received 4,266 restricted stock units, each representing a contingent right to one BlueLinx common share. Various other restricted stock units, some granted in earlier years, vest on set anniversaries with share delivery tied to future dates or service termination.
What BlueLinx (BXC) holdings are reported through the grantor trust?
A grantor trust associated with the reporting person holds 34,138 shares of BlueLinx common stock plus restricted stock units covering 22,253, 15,108, 9,485 and 21,334 underlying shares. These trust-held positions are reported as indirect ownership in the Form 4 filing.
Are the BlueLinx (BXC) Form 4 transactions open-market buys or sells?
No open-market buys or sells are reported. The filing shows an exercise of 3,218 restricted stock units into common shares and a grant of 4,266 restricted stock units. These are compensation-related equity events rather than market trading transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
