Cavco (NASDAQ: CVCO) EVP surrenders 63 shares for RSU tax withholding

Rhea-AI Filing Summary

CAVCO INDUSTRIES, INC. executive vice president and general counsel Seth G. Schuknecht reported a routine tax-related share disposition. On the release of Restricted Stock Units, he surrendered 63 shares of common stock at $509.17 per share to cover tax withholding, rather than selling shares on the open market. After this transaction, he directly owns 1,865 shares of Cavco common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHUKNECHT SETH G

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	63	$509.17	$32K

Holdings After Transaction: Common Stock — 1,865 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered for tax withholding: 63 shares Per-share valuation: $509.17 per share Shares owned after transaction: 1,865 shares

3 metrics

Shares surrendered for tax withholding 63 shares Common Stock used to pay tax on RSU release

Per-share valuation $509.17 per share Value applied to surrendered shares

Shares owned after transaction 1,865 shares Direct Cavco common stock holdings post-transaction

Key Terms

Restricted Stock Units, tax withholding, Common Stock, Form 4

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.

Common Stock financial

"The filing shows 63 shares of Cavco common stock were surrendered."

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.

Form 4 regulatory

"Was this Cavco (CVCO) Form 4 transaction an open-market sale of shares?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

SCHUKNECHT SETH G

(Last) (First) (Middle)

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)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

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	05/22/2026		F		63(1)	D	$509.17	1,865	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.

Remarks:

	/s/ Seth G. Schuknecht	05/26/2026
	** 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 did Cavco (CVCO) executive Seth Schuknecht report on this Form 4?

Seth G. Schuknecht reported surrendering 63 shares of Cavco common stock. The shares were used to pay tax withholding due on the release of Restricted Stock Units, a standard non-market transaction often seen with equity-based compensation.

How many Cavco (CVCO) shares were surrendered for tax withholding?

The filing shows 63 shares of Cavco common stock were surrendered. These shares covered tax withholding on newly released Restricted Stock Units, meaning no open-market sale occurred and the transaction was purely to satisfy tax obligations tied to equity compensation.

At what price were the Cavco (CVCO) shares valued in this tax-withholding transaction?

The surrendered shares were valued at $509.17 per Cavco share. This price is used to calculate the value of stock applied toward the tax liability when Restricted Stock Units release, and does not represent a traditional open-market sale by the executive.

How many Cavco (CVCO) shares does Seth Schuknecht own after this Form 4 transaction?

After surrendering shares for tax withholding, Seth G. Schuknecht directly owns 1,865 Cavco common shares. This post-transaction holding reflects his remaining equity stake following the routine tax-settlement related to the release of Restricted Stock Units.

Was this Cavco (CVCO) Form 4 transaction an open-market sale of shares?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were surrendered to cover taxes owed on released Restricted Stock Units, a common administrative step for equity compensation rather than a discretionary stock sale.