Cavco Industries (CVCO) executive granted 132 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fackrell Regan
Role
President, Standard Casualty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 132 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 248 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award size: 132 shares
Grant price: $0.00 per share
Shares held after award: 248 shares
+3 more
6 metrics
RSU award size
132 shares
Restricted Stock Units granted to Regan Fackrell
Grant price
$0.00 per share
Price per share for the RSU-related Common Stock
Shares held after award
248 shares
Total Common Stock directly owned following the transaction
First-year vesting portion
33%
RSUs vest on first anniversary of the grant date
Second-year vesting portion
33%
RSUs vest on second anniversary of the grant date
Third-year vesting portion
34%
RSUs vest on third anniversary of the grant date
Key Terms
Restricted Stock Units, Common Stock, grant date, anniversary of the grant date
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 as follows"
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
"33% on the first anniversary of the grant date, 33% on the second"
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.
anniversary of the grant date financial
"33% on the first anniversary of the grant date, 33% on the second anniversary"
FAQ
What insider transaction did Cavco Industries (CVCO) report for Regan Fackrell?
Cavco Industries reported that Regan Fackrell received a grant of 132 Restricted Stock Units tied to Common Stock. This is a compensation-related award, not an open-market purchase, and is structured to vest gradually over a three-year period.
What is the vesting schedule for Regan Fackrell’s Cavco (CVCO) Restricted Stock Units?
The Restricted Stock Units vest in three tranches: 33% on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary. Each vested portion will pay out into shares of Cavco Common Stock.
What type of security was granted to the Cavco (CVCO) executive in this Form 4?
The filing shows an award of Restricted Stock Units linked to Cavco Industries Common Stock. These RSUs will pay out into Common Stock over time as they vest, following the three-year anniversary-based schedule described in the footnote.