Cavco Industries (NASDAQ: CVCO) exec uses shares to cover taxes

Rhea-AI Filing Summary

CAVCO INDUSTRIES, INC. President, Retail Matthew A. Nino surrendered 29 shares of common stock on May 15, 2026 to cover tax withholding on the release of Restricted Stock Units. This was a non-market, tax-withholding disposition rather than an open-market sale.

After this transaction, he directly owned 1,607 common shares, which includes 459 shares underlying Restricted Stock Units that are allocated but not yet vested or delivered.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nino Matthew A

Role President, Retail

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	29	$455.76	$13K

Holdings After Transaction: Common Stock — 1,607 shares (Direct, null)

Footnotes (1)

1. Surrender of shares for payment of tax withholding on release of Restricted Stock Units. Includes 459 shares underlying Restricted Stock Units allocated but not yet vested or delivered.

Key Figures

Shares surrendered for tax: 29 shares Withholding share price: $455.76 per share Shares held after transaction: 1,607 shares +1 more

4 metrics

Shares surrendered for tax 29 shares Tax withholding on RSU release, May 15, 2026

Withholding share price $455.76 per share Value applied to surrendered shares

Shares held after transaction 1,607 shares Direct common stock ownership following disposition

Unvested RSU shares 459 shares Underlying Restricted Stock Units not yet vested or delivered

Key Terms

Restricted Stock Units, tax withholding, surrender of shares, vested or delivered

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.

surrender of shares financial

"Surrender of shares for payment of tax withholding on release of Restricted Stock Units."

vested or delivered financial

"Includes 459 shares underlying Restricted Stock Units allocated but not yet vested or delivered."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nino Matthew A

(Last) (First) (Middle)

3636 N. CENTRAL AVE., STE. 1200

(Street)

PHOENIX ARIZONA 85012

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CAVCO INDUSTRIES, INC. [ CVCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Retail

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		F		29(1)	D	$455.76	1,607(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Surrender of shares for payment of tax withholding on release of Restricted Stock Units.

2. Includes 459 shares underlying Restricted Stock Units allocated but not yet vested or delivered.

Remarks:

	/s/ Seth G. Schuknecht, attorney-in fact	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Cavco Industries (CVCO) report for Matthew A. Nino?

Cavco Industries reported that President, Retail Matthew A. Nino surrendered 29 common shares to satisfy tax withholding on Restricted Stock Unit release. This is a tax-related disposition, not an open-market stock sale, and is typical for equity compensation.

Was the Cavco Industries (CVCO) insider transaction an open-market sale?

No. The transaction was a surrender of 29 shares to cover tax withholding on Restricted Stock Units. It did not involve selling shares in the open market, but rather using shares to satisfy tax obligations tied to equity compensation.

How many Cavco Industries (CVCO) shares does Matthew A. Nino hold after the transaction?

After the tax-withholding disposition, Matthew A. Nino directly holds 1,607 Cavco common shares. This total includes 459 shares underlying Restricted Stock Units that are allocated to him but have not yet vested or been delivered.

What is the value per share used for the Cavco Industries (CVCO) tax withholding?

The tax-withholding disposition used a price of $455.76 per share for the 29 surrendered shares. This price reflects the value applied for withholding calculations related to the release of Restricted Stock Units granted as compensation.

How many Restricted Stock Unit shares are included in Matthew A. Nino’s Cavco (CVCO) holdings?

His reported holdings include 459 shares underlying Restricted Stock Units that are allocated but not yet vested or delivered. These RSUs represent future share delivery contingent on vesting terms, adding to his potential equity exposure in Cavco.