[Form 4] CAVCO INDUSTRIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
CAVCO INDUSTRIES, INC. executive Allison Aden, EVP, CFO & Treasurer, reported equity compensation and related tax withholding transactions in the company’s common stock. The filing shows awards of restricted and performance-based stock, along with shares surrendered to cover taxes, rather than any open-market buying or selling.
Aden received a grant of 3,913 shares of common stock at a reference price of $458.11 per share, and a separate award of 1,141 restricted stock units at a stated price of $0.00. The restricted stock units are scheduled to pay out into shares of common stock with 33% vesting on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third.
In connection with the release of FY2024 performance-based restricted stock, Aden also surrendered 1,894 shares of common stock at $458.11 per share to satisfy tax withholding obligations. These transactions reflect compensation awards and tax payments, not discretionary open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,141 | $0.00 | -- |
| Grant/Award | Common Stock | 3,913 | $458.11 | $1.79M |
| Tax Withholding | Common Stock | 1,894 | $458.11 | $868K |
Footnotes (1)
- 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. Release of FY2024 Performance-based Restricted Stock. Surrender of shares for payment of tax withholding on release of Restricted Stock Units.