Cavco director sells shares under 10b5-1 plan
Cavco Industries, Inc. director Lisa Lynn Daniels reported a sale of 30 shares of common stock at $569.9600 per share on July 30, 2026.
Rhea-AI Filing Summary
Cavco Industries, Inc. director Lisa Lynn Daniels reported a sale of 30 shares of common stock at $569.9600 per share on July 30, 2026. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on December 12, 2025 to sell-to-cover tax obligations from restricted stock units that vested on July 28, 2026. After this transaction Daniels beneficially owns 297 shares, including 225 shares underlying restricted stock units that are allocated but not yet vested or delivered; the trading plan now has no remaining shares and is terminated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30 shares
Net Sell
1 txn
Insider
Daniels Lisa Lynn
Role
Director
Sold
30 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 30 | $569.96 | $17K |
Holdings After Transaction:
Common Stock — 297 shares (Direct)
Footnotes (2)
- F1. The sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025, and does not represent a discretionary transaction. This plan was adopted in order to sell-to-cover 30 shares to satisfy income tax obligations incurred by the Reporting Person in connection with the vesting of their restricted stock units on July 28, 2026. The Reporting Person's Rule 10b5-1 trading plan has no remaining shares available to be sold and is terminated.
- F2. Includes 225 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Key Figures
Shares sold: 30 shares
Sale price per share: $569.9600 per share
Shares beneficially owned after transaction: 297 shares
+3 more
6 metrics
Shares sold
30 shares
Non-derivative common stock sale on July 30, 2026
Sale price per share
$569.9600 per share
Price for the 30-share common stock sale
Shares beneficially owned after transaction
297 shares
Beneficial ownership following the reported sale
Unvested RSUs included in holdings
225 shares
Shares underlying restricted stock units allocated but not yet vested or delivered
Rule 10b5-1 plan adoption date
December 12, 2025
Date the director’s trading plan was adopted
RSU vesting date triggering tax sale
July 28, 2026
Vesting date of restricted stock units causing income tax obligations
Key Terms
Rule 10b5-1 trading plan, sell-to-cover, Restricted Stock Units, beneficially owns
4 terms
Rule 10b5-1 trading plan regulatory
"The sale occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
sell-to-cover financial
"This plan was adopted in order to sell-to-cover 30 shares"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
Restricted Stock Units financial
"in connection with the vesting of their restricted stock units on July 28, 2026"
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.
beneficially owns financial
"Includes 225 shares underlying Restricted Stock Units allocated but not yet vested"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cavco Industries (CVCO) report for Lisa Lynn Daniels?
Lisa Lynn Daniels, a director of Cavco Industries, reported selling 30 shares of common stock at $569.9600 per share on July 30, 2026. The transaction was disclosed as a non-derivative sale and was executed under a pre-arranged Rule 10b5-1 trading plan.
What is the status of the Rule 10b5-1 trading plan mentioned in the Cavco (CVCO) insider report?
The Rule 10b5-1 trading plan, adopted on December 12, 2025, has now no remaining shares available to be sold and is terminated. Its final trade was the 30-share sale used to cover income tax obligations from RSU vesting.
How many restricted stock units does the Cavco Industries (CVCO) director still have?
Following the transaction, the director’s reported beneficial ownership includes 225 shares underlying restricted stock units. These RSUs are allocated but have not yet vested or been delivered as common shares to the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
