Cavco Industries (CVCO) director awarded 225 RSUs
Rhea-AI Filing Summary
KERLEY RICHARD A reported acquisition or exercise transactions in this Form 4 filing.
Cavco Industries director Richard A. Kerley reported an equity award. He received 225 Restricted Stock Units that will settle into common shares on the earlier of the 12-month anniversary of the grant date or the next annual shareholder meeting. After this award, he reports 515 directly held shares, including 225 unvested RSUs, plus 6,169 shares held indirectly through the Kerley Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 225 shares
Net Buy
2 txns
Insider
KERLEY RICHARD A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 225 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 515 shares (Direct);
Common Stock — 6,169 shares (Indirect, By Kerley Family Trust)
Footnotes (2)
- F1. This is an award of Restricted Stock Units which will pay out into shares of Common Stock of the Company upon: (a) the 12 month anniversary of the Grant Date, or (b) the Company's next annual meeting of stockholders following the Grant Date, whichever occurs first.
- F2. Includes 225 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Key Figures
RSU award: 225 shares
Direct holdings after grant: 515 shares
Indirect trust holdings: 6,169 shares
+1 more
4 metrics
RSU award
225 shares
Restricted Stock Units granted on 2026-07-27
Direct holdings after grant
515 shares
Direct common stock, including 225 unvested RSUs, after the award
Indirect trust holdings
6,169 shares
Common stock held indirectly through the Kerley Family Trust
RSU vesting period
12 months
Payout at earlier of 12-month anniversary of Grant Date or next annual meeting
Key Terms
Restricted Stock Units, Common Stock, Grant Date, Kerley Family Trust
4 terms
Restricted Stock Units financial
"This is an award of Restricted Stock Units which will pay out into shares"
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.
Common Stock financial
"pay out into shares of Common Stock of the Company upon"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant Date financial
"upon: (a) the 12 month anniversary of the Grant Date, or (b)"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Kerley Family Trust financial
"Indirect ownership reported as By Kerley Family Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Richard A. Kerley report for Cavco Industries (CVCO)?
He received an award of 225 Restricted Stock Units in Cavco Industries common stock. These units will convert into shares on the earlier of 12 months from the grant date or the company’s next annual shareholder meeting.
When do Richard A. Kerley’s Cavco Industries (CVCO) Restricted Stock Units vest or pay out?
The 225 Restricted Stock Units will pay out into Cavco Industries common shares on the earlier of the 12-month anniversary of the grant date or the company’s next annual meeting of stockholders, whichever occurs first.
What is Richard A. Kerley’s indirect ownership in Cavco Industries (CVCO)?
He reports indirect ownership of 6,169 Cavco Industries common shares. These shares are held through the Kerley Family Trust, which is listed in the filing as the nature of his indirect ownership.
Was Richard A. Kerley’s Cavco Industries (CVCO) transaction a market purchase or a stock award?
It was a stock award coded as an acquisition (code A), not a market purchase. The filing shows 225 shares acquired at a price of $0.0000 per share, reflecting a grant of Restricted Stock Units rather than an open-market trade.