[144] Cavco Industries Inc. SEC Filing

Rhea-AI Filing Summary

Cavco Industries Inc. (CVCO) notice reports a proposed sale of 2,000 common shares on 08/14/2025 via Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $966,946.80. The filing states these shares were acquired on the same date by stock option exercise from the issuer and payment was made in cash.

The filer certifies no undisclosed material adverse information and indicates no other sales by the person in the prior three months. The form follows Rule 144 procedures for disclosure of proposed insider sales.

Positive

• Full Rule 144 disclosure provided with broker, number of shares, market value, acquisition method, and payment details
• No sales in prior three months reported, simplifying aggregation rules

Negative

• Insider intends to sell shares worth $966,946.80 the same day they were exercised, which could be perceived as insider liquidity
• Filer identity and relationship details are not present in the provided content, limiting context for assessing materiality

Insights

Securities Analyst

TL;DR: Routine Rule 144 filing discloses an insider sale of 2,000 shares (~$967k) acquired by option exercise and to be sold the same day.

This filing documents a contemporaneous exercise-and-sell transaction: 2,000 common shares acquired by exercise on 08/14/2025 and slated for sale through Morgan Stanley Smith Barney on NASDAQ. The filer states there were no other sales in the past three months and affirms lack of undisclosed material adverse information. For investors, this is a standard insider liquidity event; absent additional context about insider identity or proportion of insider holdings, the disclosure alone is routine rather than a signal of company-wide change.

Corporate Governance Expert

TL;DR: Governance-level disclosure is complete for a Rule 144 sale; no red flags in the form itself.

The form includes required elements: broker name and address, number of shares, market value, outstanding shares count, acquisition method (stock option exercise), payment method (cash), and representation about material information. The absence of reported sales in the prior three months simplifies aggregation concerns. The filing does not provide the filer’s relationship to the issuer or identity details in the supplied text, which are typically included elsewhere in the form.

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	2000	966946.80	7917647	08/14/2025	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	08/14/2025	Stock Option Exercise	Issuer			2000	08/14/2025	Cash

* 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

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 Cavco Industries (CVCO) Form 144 on 08/14/2025 disclose?

The form discloses a proposed sale of 2,000 common shares on 08/14/2025 through Morgan Stanley Smith Barney on NASDAQ with aggregate market value $966,946.80.

How were the CVCO shares acquired that are being sold?

The shares were acquired by stock option exercise from the issuer on 08/14/2025, and payment was made in cash.

Does the filing report other recent insider sales for CVCO?

The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the sale is to be made.

Which broker will execute the CVCO sale reported on Form 144?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services located at 1 New York Plaza, New York, NY.

Does the filer assert any undisclosed material information about CVCO?

By signing, the filer represents they do not know any material adverse information