Cavco executive granted 132-share RSU award
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.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 132 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Units financial
grant date financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cavco Industries (CVCO) disclose in this Form 4 for Jack S. Brandom?
How do Jack S. Brandom’s Restricted Stock Units at Cavco Industries (CVCO) vest?
Was Jack S. Brandom’s Cavco Industries (CVCO) Form 4 a market purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.