[144] Cavco Industries Inc. SEC Filing

Rhea-AI Filing Summary

Cavco Industries, Inc. (CVCO) filed a Form 144 reporting a proposed sale of 145 shares of common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $77,372. The shares were acquired as restricted stock units on 02/13/2025 and the filing lists an approximate sale date of 09/04/2025 on NASDAQ. The filer reports no securities sold in the past three months and makes the required representation that they are not aware of undisclosed material adverse information about the issuer.

Positive

• Full Rule 144 disclosure provided including broker, acquisition details, and planned sale date
• Shares were acquired as restricted stock units, and acquisition date is disclosed (02/13/2025)
• No securities sold in the past three months reported, suggesting no recent concentrated insider selling

Negative

• Proposed insider sale of 145 shares is disclosed, which may be viewed negatively by some investors
• Filing lacks identity of the selling individual within the provided tables (person for whose account not named in content)

Insights

Financial Analyst

TL;DR: Small insider sale planned; limited near-term market impact based on size and details provided.

The filing discloses a proposed sale of 145 common shares valued at $77,372, acquired as restricted stock units earlier the same year. The trade will be executed through Morgan Stanley Smith Barney on NASDAQ and no recent sales were reported for the prior three months. From a quantitative perspective, the disclosed lot is modest in absolute value. The filing complies with Rule 144 disclosure requirements and includes the standard insider representation regarding material nonpublic information.

Corporate Governance Expert

TL;DR: Proper procedural disclosure; the notice includes the required attestation and broker details.

The Form 144 contains the essential governance elements: identification of broker, acquisition date and nature (restricted stock units), amount to be sold, and the insider's attestation about material information. No additional governance red flags or recent related sales are reported. The filing allows stakeholders to track insider liquidity events but does not, by itself, indicate governance or disclosure issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	145	77372.00	7917647	09/04/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/13/2025	Restricted Stock Units	Issuer			145	02/13/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CVCO Form 144 report?

The filing reports a proposed sale of 145 shares of Cavco common stock with an aggregate market value of $77,372, to be sold on 09/04/2025 via Morgan Stanley Smith Barney LLC.

When were the shares being sold acquired according to the Form 144?

The shares were acquired as restricted stock units on 02/13/2025 and the filing shows the date of payment as 02/13/2025.

Does the Form 144 show recent insider sales for CVCO?

The filing states "Nothing to Report" for securities sold during the past three months.

Through which broker will the CVCO shares be sold?

The proposed sale will be executed through Morgan Stanley Smith Barney LLC, 1 New York Plaza, 8th Floor, New York, NY 10004.

What attestation does the filer make in the Form 144?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.