Cavco Industries (NASDAQ: CVCO) grants 132-share RSU award to executive

Rhea-AI Filing Summary

CAVCO INDUSTRIES, INC. reported that Jack S. Brandom, President, Financial Services, received an equity award valued at 132 shares of Common Stock at a price of $0.0000 per share. Following this grant, he directly holds 1,377 shares.

The award is structured as Restricted Stock Units that convert into Common Stock over time. According to the terms, 33% of the units vest on the first anniversary of the grant date, 33% on the second anniversary, and 34% on the third anniversary, creating a three-year, time-based vesting schedule.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BRANDOM JACK S

Role President, Financial Services

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	132	$0.00	--

Holdings After Transaction: Common Stock — 1,377 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity award size: 132 shares Award price per share: $0.0000 per share Post-transaction holdings: 1,377 shares +3 more

6 metrics

Equity award size 132 shares Common Stock grant reported for Jack S. Brandom

Award price per share $0.0000 per share Reported grant or award acquisition price

Post-transaction holdings 1,377 shares Direct ownership after the award

First-year vesting portion 33% RSU payout on first anniversary of grant date

Second-year vesting portion 33% RSU payout on second anniversary of grant date

Third-year vesting portion 34% RSU payout on third anniversary of grant date

Key Terms

Restricted Stock Units, grant date, Common Stock

3 terms

Restricted Stock Units financial

"This is an award of Restricted Stock Units which will pay out into shares of Common Stock of the Company"

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.

grant date financial

"33% on the first anniversary of the grant date, 33% on the second anniversary"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

Common Stock financial

"pay out into shares of Common Stock of the Company as follows"

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 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^*

BRANDOM JACK S

(Last) (First) (Middle)

C/O 3636 N CENTRAL AVE

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)
	President, Financial Services

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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	05/18/2026		A		132(1)	A	$0	1,377	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. 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.

Remarks:

	/s/ Seth G. Schuknecht, attorney-in fact	05/20/2026
	** 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 Industries (CVCO) disclose in this Form 4 for Jack S. Brandom?

Cavco Industries disclosed that Jack S. Brandom received an equity award of 132 shares of Common Stock. The award is in the form of Restricted Stock Units that vest over three years and increased his direct holdings to 1,377 shares after the transaction.

How many Cavco Industries (CVCO) shares were granted to Jack S. Brandom?

Jack S. Brandom was granted 132 shares of Cavco Industries Common Stock. The filing shows these as an equity award priced at $0.0000 per share, reflecting compensation rather than an open-market purchase, and they are subject to a multi-year vesting schedule.

What is Jack S. Brandom’s Cavco Industries (CVCO) shareholding after this award?

After the grant, Jack S. Brandom directly holds 1,377 shares of Cavco Industries Common Stock. This total includes the newly awarded 132 shares, showing his updated ownership position as reported in the Form 4 filing for this equity compensation event.

How do Jack S. Brandom’s Restricted Stock Units at Cavco Industries (CVCO) vest?

The Restricted Stock Units vest over three years. The award pays out into shares of Cavco Industries Common Stock as 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant date, creating gradual ownership.

Was Jack S. Brandom’s Cavco Industries (CVCO) Form 4 a market purchase or compensation grant?

The Form 4 reflects a compensation grant, not a market purchase. Jack S. Brandom received 132 shares at $0.0000 per share as a Restricted Stock Unit award, indicating a grant or award acquisition rather than buying shares on the open market.