Cavco (NASDAQ: CVCO) CFO sells 1,473 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAVCO INDUSTRIES, INC. executive vice president, CFO and treasurer Allison Aden sold 1,473 shares of common stock in an open-market sale on June 25, 2026 at $625.00 per share. The sale occurred automatically under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025, and was not a discretionary trade.
After this transaction, Aden directly held 9,147 shares of Cavco common stock, plus 2,249 additional shares underlying restricted stock units that are allocated but not yet vested or delivered. The Rule 10b5-1 plan still permits up to 319 more shares to be sold and will terminate automatically on July 3, 2026 if not completed earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,473 shares ($920,625)
Net Sell
1 txn
Insider
ADEN ALLISON
Role
EVP, CFO & Treasurer
Sold
1,473 shs ($921K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,473 | $625.00 | $921K |
Holdings After Transaction:
Common Stock — 9,147 shares (Direct, null)
Footnotes (1)
- The sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2025, and does not represent a discretionary transaction. The sale was executed in a series of transactions on June 25, 2026, each with an execution price of $625.00. The Reporting Person's Rule 10b5-1 trading plan has 319 remaining shares available to be sold and terminates automatically on July 3, 2026, if not before. Includes 2,249 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Key Figures
Shares sold: 1,473 shares
Sale price per share: $625.00 per share
Shares held after sale: 9,147 shares
+4 more
7 metrics
Shares sold
1,473 shares
Open-market sale on June 25, 2026
Sale price per share
$625.00 per share
Execution price for each transaction on June 25, 2026
Shares held after sale
9,147 shares
Direct Cavco common stock holdings following the transaction
Unvested RSUs
2,249 shares
Shares underlying restricted stock units not yet vested or delivered
Remaining plan shares
319 shares
Shares still available to be sold under Rule 10b5-1 plan
Plan termination date
July 3, 2026
Automatic termination date of Rule 10b5-1 trading plan
Net shares sold
1,473 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Includes 2,249 shares underlying Restricted Stock Units allocated but not yet vested or delivered"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
What insider transaction did Cavco Industries (CVCO) report for Allison Aden?
Cavco Industries reported that EVP, CFO and treasurer Allison Aden sold 1,473 shares of common stock. The sale occurred on June 25, 2026 at $625.00 per share as an open-market transaction under a pre-arranged Rule 10b5-1 trading plan.
Was the Cavco (CVCO) insider sale by Allison Aden a discretionary trade?
The sale by Allison Aden was not discretionary. It occurred automatically under a Rule 10b5-1 trading plan adopted on November 26, 2025, which pre-scheduled the transactions and reduces the informational value of the timing compared with an unscheduled voluntary sale.