Cavco Industries (CVCO) officer surrenders shares to cover RSU tax

Q: What insider transaction did Cavco Industries (CVCO) report for Paul Bigbee?

Paul Bigbee surrendered 45 Cavco Industries shares to cover tax withholding on the release of Restricted Stock Units. The Form 4 shows this as a tax-withholding disposition, not an open-market trade, and keeps his overall equity exposure largely unchanged.

Q: How many Cavco Industries (CVCO) shares did Paul Bigbee dispose of?

Paul Bigbee disposed of 45 shares of Cavco common stock at a reported price of $455.76 per share. The disposition satisfied tax withholding requirements related to Restricted Stock Units that were released to him, according to the Form 4 footnote.

Q: Was Paul Bigbee’s Cavco (CVCO) transaction an open-market sale?

No, the transaction was not an open-market sale . The Form 4 classifies it under code F, with a footnote explaining the shares were surrendered to pay tax withholding on RSU release, rather than being sold on the open market.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cavco Industries Chief Accounting Officer Paul Bigbee surrendered 45 shares of common stock at $455.76 per share on May 15, 2026 to cover tax withholding on the release of Restricted Stock Units. After this tax-withholding disposition, he directly holds 729 shares, including 368 unvested RSU-based shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BIGBEE PAUL

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	45	$455.76	$21K

Holdings After Transaction: Common Stock — 729 shares (Direct, null)

Footnotes (1)

Surrender of shares for payment of tax withholding on release of Restricted Stock Units. Includes 368 shares underlying Restricted Stock Units allocated but not yet vested or delivered.

Key Figures

Shares surrendered: 45 shares Price per share: $455.76 per share Shares held after: 729 shares +1 more

4 metrics

Shares surrendered 45 shares Tax withholding disposition on May 15, 2026

Price per share $455.76 per share Value used for tax-withholding shares

Shares held after 729 shares Direct Cavco common stock holdings after disposition

Unvested RSU-based shares 368 shares Shares underlying Restricted Stock Units not yet vested or delivered

Key Terms

Restricted Stock Units, tax withholding, Chief Accounting Officer

3 terms

Restricted Stock Units financial

"Includes 368 shares underlying Restricted Stock Units allocated but not yet vested or delivered."

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.

Chief Accounting Officer financial

"officer_title": "Chief Accounting Officer""

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 07:57 PM

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^*

BIGBEE PAUL

(Last)

(First)

(Middle)

C/O 3636 N. CENTRAL AVENUE

SUITE 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)
	Chief Accounting Officer

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		F		45⁽¹⁾	D	$455.76	729⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

2. Includes 368 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cavco Industries (CVCO) report for Paul Bigbee?

Paul Bigbee surrendered 45 Cavco Industries shares to cover tax withholding on the release of Restricted Stock Units. The Form 4 shows this as a tax-withholding disposition, not an open-market trade, and keeps his overall equity exposure largely unchanged.

How many Cavco Industries (CVCO) shares did Paul Bigbee dispose of?

Paul Bigbee disposed of 45 shares of Cavco common stock at a reported price of $455.76 per share. The disposition satisfied tax withholding requirements related to Restricted Stock Units that were released to him, according to the Form 4 footnote.

Was Paul Bigbee’s Cavco (CVCO) transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 classifies it under code F, with a footnote explaining the shares were surrendered to pay tax withholding on RSU release, rather than being sold on the open market.

How many Cavco Industries (CVCO) shares does Paul Bigbee hold after the transaction?

After the transaction, Paul Bigbee directly holds 729 shares of Cavco common stock. This figure includes 368 shares underlying Restricted Stock Units that have been allocated to him but are not yet vested or delivered, as disclosed in the footnotes.

What are the Restricted Stock Units mentioned in Paul Bigbee’s Cavco (CVCO) filing?

The filing notes 368 shares underlying Restricted Stock Units that are allocated to Paul Bigbee but not yet vested or delivered. These RSUs represent potential future shares, contingent on vesting conditions described in Cavco’s underlying equity award arrangements.

What role does Paul Bigbee hold at Cavco Industries (CVCO)?

Paul Bigbee serves as Chief Accounting Officer at Cavco Industries. His Form 4 filing reflects a routine equity-related tax-withholding event connected to Restricted Stock Units granted as part of his compensation, rather than discretionary buying or selling activity.