Cavco Industries (NASDAQ: CVCO) director shifts 580 shares via family trust gifts
Rhea-AI Filing Summary
CAVCO INDUSTRIES, INC. director Richard A. Kerley reported two related Form 4 transactions on common stock dated August 11, 2026. He made a bona fide gift transfer of 290 shares from his direct holdings and a corresponding gift acquisition of 290 shares into the Kerley Family Trust. Following these transactions, he holds 225 shares directly, all of which are underlying Restricted Stock Units that are allocated but not yet vested or delivered, and 6,459 shares indirectly through the Kerley Family Trust.
Positive
- None.
Negative
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Insider Trade Summary
580 shares gifted
Gift
2 txns
Insider
KERLEY RICHARD A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 290 | $0.00 | $0.00 |
| Gift | Common Stock | 290 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 225 shares (Direct);
Common Stock — 6,459 shares (Indirect, By Kerley Family Trust)
Footnotes (1)
- F1. Includes 225 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Key Figures
Gifted shares (direct disposition): 290 shares
Gifted shares (trust acquisition): 290 shares
Direct holdings after transaction: 225 shares
+3 more
6 metrics
Gifted shares (direct disposition)
290 shares
Bona fide gift of common stock from direct holdings on August 11, 2026
Gifted shares (trust acquisition)
290 shares
Bona fide gift of common stock acquired by Kerley Family Trust on August 11, 2026
Direct holdings after transaction
225 shares
Common stock held directly, all underlying RSUs, following reported transactions
Indirect holdings after transaction
6,459 shares
Common stock held indirectly through the Kerley Family Trust after the gift
Total gift shares reported
580 shares
Aggregate shares involved in bona fide gift transactions reported in this Form 4
Per-share gift price
$0.00
Reported price per share for both bona fide gift transactions
Key Terms
Bona fide gift, Restricted Stock Units, indirect ownership
3 terms
Bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Restricted Stock Units financial
"Includes 225 shares underlying Restricted Stock Units allocated"
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.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By Kerley Family Trust"
FAQ
What insider transaction did Richard A. Kerley report for CVCO?
Richard A. Kerley reported two bona fide gift transactions of 290 CVCO shares each on August 11, 2026, moving shares from his direct holdings to indirect ownership through the Kerley Family Trust.
What are Richard A. Kerley’s direct CVCO holdings after the reported transactions?
After the reported transactions, Richard A. Kerley directly holds 225 CVCO shares, all of which are underlying Restricted Stock Units allocated but not yet vested or delivered, according to the filing footnote.
Was the CVCO insider transaction a market sale or purchase?
The reported CVCO insider transactions were bona fide gifts with a per-share price of $0.00. They represent non-market transfers between Richard A. Kerley’s direct holdings and the Kerley Family Trust, not open-market sales or purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
