Cavco executive receives 132-share stock award
Cavco Industries reported that Regan Fackrell, President of Standard Casualty, received an award of 132 shares of Common Stock in the form of Restricted Stock Units.
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Rhea-AI Filing Summary
Cavco Industries reported that Regan Fackrell, President of Standard Casualty, received an award of 132 shares of Common Stock in the form of Restricted Stock Units. The award was granted at no cash cost per share and increases his directly held position to 248 shares.
The RSUs will convert into Common Stock over three years, with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary, reflecting a time-based compensation arrangement rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 132 | $0.00 | $0.00 |
Footnotes (1)
- F1. This is an award of Restricted Stock Units which will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
Common Stock financial
grant date financial
anniversary of the grant date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cavco Industries (CVCO) report for Regan Fackrell?
What is the vesting schedule for Regan Fackrell’s Cavco (CVCO) Restricted Stock Units?
What type of security was granted to the Cavco (CVCO) executive in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.