Tax withholding leads Cavco (CVCO) executive to surrender 31 shares

Rhea-AI Filing Summary

CAVCO INDUSTRIES, INC. executive Brian R. Cira reported a small, routine share disposition tied to equity compensation. He surrendered 31 shares of common stock at $509.17 per share for payment of tax withholding upon the release of restricted stock units. After this transaction, he directly owns 4,290 shares of Cavco common stock, indicating the move was a minor adjustment related to taxes rather than an open-market sale reflecting a change in sentiment.

Insider Trade Summary

Net Seller: 31 shares ($15,784)

Net Sell 1 txn

Insider CIRA BRIAN R

Role President,Manufactured Housing

Sold 31 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Common Stock	31	$509.17	$16K

Holdings After Transaction: Common Stock — 4,290 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered: 31 shares Per-share value: $509.17 per share Shares owned after transaction: 4,290 shares

3 metrics

Shares surrendered 31 shares Surrendered for tax withholding on RSU release

Per-share value $509.17 per share Value used for surrendered shares

Shares owned after transaction 4,290 shares Direct Cavco common stock holdings after disposition

Key Terms

Restricted Stock Units, tax withholding, Common Stock

3 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

"security_title: Common Stock"

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^*

CIRA BRIAN R

(Last) (First) (Middle)

C/O 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)
	President,Manufactured Housing

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		S		31(1)	D	$509.17	4,290	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, attorney-in fact	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 insider transaction did Cavco Industries (CVCO) report for Brian R. Cira?

Cavco Industries reported that executive Brian R. Cira surrendered 31 shares of common stock. The shares were given up to cover tax withholding obligations triggered by the release of restricted stock units, making this a routine compensation-related transaction rather than a discretionary market trade.

Was the Cavco (CVCO) insider transaction an open-market sale?

The filing describes the 31-share disposition as a surrender for tax withholding on restricted stock units. This indicates the shares were withheld to satisfy tax obligations, not actively sold in the open market as a discretionary investment decision by the executive.

How many Cavco (CVCO) shares does Brian R. Cira hold after the transaction?

After surrendering 31 shares for tax withholding, Brian R. Cira directly owns 4,290 shares of Cavco common stock. This shows the transaction affected only a very small portion of his holdings, consistent with a routine equity-compensation and tax-settlement event.

At what price were the Cavco (CVCO) shares valued in this insider transaction?

The 31 Cavco shares surrendered for tax withholding were valued at $509.17 per share. This per-share figure is used in the Form 4 to calculate the total value of shares given up to satisfy the executive’s tax obligations on restricted stock unit vesting.

What triggered the tax-withholding share surrender at Cavco (CVCO)?

The share surrender was triggered by the release of restricted stock units awarded to Brian R. Cira. When these units vested, taxes became due, and 31 shares of Cavco common stock were surrendered to cover the resulting withholding requirement instead of paying the taxes in cash.