BlueLinx Holdings (BXC) director reports RSU grant and share conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlueLinx Holdings Inc. director Marietta Edmunds Zakas reported routine equity compensation activity. On May 18, 2026, she received a grant of 2,749 restricted stock units (RSUs), each representing a contingent right to one share of common stock, vesting on the first anniversary of the grant date.
On May 19, 2026, 2,074 RSUs vested and were converted into the same number of common shares, increasing her direct common stock holdings to 5,965 shares. Vested shares from both awards are scheduled to be delivered to her within 30 days after their respective vesting dates. After these transactions, she holds both common shares and an outstanding RSU award, reflecting standard director compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,074 shares exercised/converted
Mixed
3 txns
Insider
ZAKAS MARIETTA EDMUNDS
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
RSU grant: 2,749 units
RSUs converted: 2,074 units
Shares owned after transactions: 5,965 shares
+2 more
5 metrics
RSU grant
2,749 units
Restricted stock units granted May 18, 2026
RSUs converted
2,074 units
RSUs vested and converted May 19, 2026
Shares owned after transactions
5,965 shares
Direct common stock holdings following May 19, 2026 conversion
Exercise price per RSU
$0.00/share
Conversion of RSUs into common stock
Outstanding RSU award
2,749 units
Total RSUs following May 18, 2026 grant
Key Terms
Restricted Stock Units, contingent right, vested, date of grant, +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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock."
vested financial
"Represents the conversion of restricted stock units that vested on May 19, 2026."
date of grant financial
"The restricted stock units vest on the first anniversary date of the date of grant."
derivative security financial
"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.
FAQ
What insider transactions did BXC director Marietta Edmunds Zakas report?
She reported equity compensation activity, not open-market trades. On May 18, 2026, she received 2,749 restricted stock units, and on May 19, 2026, 2,074 RSUs vested and converted into common stock, increasing her direct share ownership.
What restricted stock unit grants did BXC disclose for Marietta Edmunds Zakas?
BlueLinx disclosed a grant of 2,749 restricted stock units to Marietta Edmunds Zakas on May 18, 2026. Each unit represents a contingent right to receive one share of common stock, with the award vesting on the first anniversary of the grant date.
Did the BlueLinx Form 4 show any open-market buying or selling by Marietta Edmunds Zakas?
No, the Form 4 only reports RSU grants and conversions. The transactions are coded as derivative exercises and awards, indicating routine equity compensation rather than open-market purchases or sales of BlueLinx common stock by the director.
How do the BlueLinx (BXC) restricted stock units for Marietta Edmunds Zakas vest?
The filing states that the restricted stock units vest on the first anniversary of the grant date. Once vested, the corresponding common shares are scheduled for delivery to the reporting person within 30 days following each vesting date.