Cavco Industries (CVCO) CFO surrenders 89 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cavco Industries EVP, CFO & Treasurer Allison Aden reported a small share disposition tied to taxes rather than an open-market trade. On the release of Restricted Stock Units, 89 shares of common stock were surrendered at $495.11 per share to cover tax withholding. After this routine tax-withholding transaction, Aden directly holds 11,877 shares of Cavco Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADEN ALLISON
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 89 | $495.11 | $44K |
Holdings After Transaction:
Common Stock — 11,877 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 89 shares
Per-share value: $495.11 per share
Shares held after transaction: 11,877 shares
3 metrics
Tax-withholding shares
89 shares
Shares surrendered to cover tax on RSU release
Per-share value
$495.11 per share
Value applied to 89 surrendered shares
Shares held after transaction
11,877 shares
Direct holdings after tax-withholding disposition
Key Terms
Restricted Stock Units, tax withholding, Common Stock, Form 4
4 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.
Common Stock financial
"security_title: "Common Stock""
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.
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 did Cavco Industries (CVCO) CFO Allison Aden report in this Form 4?
Cavco Industries CFO Allison Aden reported surrendering 89 shares of common stock to cover tax withholding on Restricted Stock Units. This was a routine tax-related disposition, not an open-market sale, and reflects administrative settlement of equity compensation.
Was the Cavco (CVCO) CFO’s Form 4 transaction an open-market sale or a tax withholding?
The Form 4 transaction was a tax-withholding disposition, not an open-market sale. Shares were surrendered to pay taxes due on the release of Restricted Stock Units, a common mechanism for settling equity compensation-related tax liabilities.