Cavco (NASDAQ: CVCO) CAO surrenders 31 shares to cover RSU tax withholding

Rhea-AI Filing Summary

Cavco Industries Chief Accounting Officer Paul Bigbee reported a small, non-market share disposition related to taxes. On the release of Restricted Stock Units, 31 shares of Common Stock were surrendered at $509.17 per share to cover tax withholding.

This was a tax-withholding disposition, not an open-market sale, and followed the vesting of equity compensation. After this transaction, Bigbee directly holds 1,305 shares of Cavco Industries common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BIGBEE PAUL

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	31	$509.17	$16K

Holdings After Transaction: Common Stock — 1,305 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered for tax withholding: 31 shares Share value used for withholding: $509.17 per share Shares held after transaction: 1,305 shares

3 metrics

Shares surrendered for tax withholding 31 shares Payment of tax withholding on RSU release

Share value used for withholding $509.17 per share Value applied to 31 surrendered shares

Shares held after transaction 1,305 shares Direct Cavco common stock holdings post-transaction

Key Terms

Restricted Stock Units, tax withholding, Form 4

3 terms

Restricted Stock Units financial

"Surrender of shares for payment of tax withholding on release of Restricted Stock Units."

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.

tax withholding financial

"Surrender of shares for payment of tax withholding on release of Restricted Stock Units."

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BIGBEE PAUL

(Last) (First) (Middle)

C/O 3636 N. CENTRAL AVENUE

SUITE 1200

(Street)

PHOENIX ARIZONA 85012

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CAVCO INDUSTRIES, INC. [ CVCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/22/2026		F		31(1)	D	$509.17	1,305	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Surrender of shares for payment of tax withholding on release of Restricted Stock Units.

Remarks:

	/s/ Seth G. Schuknecht, attorney-in fact	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Cavco Industries (CVCO) report for Paul Bigbee?

Cavco Industries reported that Chief Accounting Officer Paul Bigbee surrendered 31 shares of common stock. The shares were delivered to satisfy tax withholding obligations arising from the release of Restricted Stock Units, rather than being sold on the open market.

Was the Cavco (CVCO) insider transaction an open-market sale?

No. The Form 4 shows a tax-withholding disposition coded “F,” where 31 shares were surrendered to cover taxes on Restricted Stock Units. This is a routine administrative transaction, not a discretionary open-market sale of Cavco stock.

How many Cavco (CVCO) shares does Paul Bigbee hold after the transaction?

After the tax-withholding disposition, Paul Bigbee directly holds 1,305 shares of Cavco Industries common stock. This figure reflects his remaining ownership following the surrender of 31 shares for tax withholding on Restricted Stock Units.

What price was used for the Cavco (CVCO) tax-withholding shares?

The surrendered 31 Cavco shares were valued at $509.17 per share for tax-withholding purposes. This price is used in the Form 4 to calculate the value of the shares delivered to satisfy the associated tax liability on vested Restricted Stock Units.

What does transaction code "F" mean in the Cavco (CVCO) Form 4?

Transaction code “F” on the Cavco Form 4 indicates payment of a tax liability or exercise price by delivering securities. Here, it reflects 31 shares of common stock surrendered to cover tax withholding on the release of Restricted Stock Units granted to Paul Bigbee.