Cavco (CVCO) EVP Schuknecht surrenders 54 shares to cover RSU tax

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CAVCO INDUSTRIES, INC. executive Seth G. Schuknecht, EVP and General Counsel, had 54 shares of Common Stock surrendered on May 20, 2026 to cover tax withholding tied to the release of Restricted Stock Units. The shares were valued at $495.11 each, and he now holds 1,928 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHUKNECHT SETH G

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	54	$495.11	$27K

Holdings After Transaction: Common Stock — 1,928 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares surrendered: 54 shares Price per share: $495.11 per share Shares owned after transaction: 1,928 shares

3 metrics

Shares surrendered 54 shares Tax withholding disposition on RSU release

Price per share $495.11 per share Valuation used for surrendered shares

Shares owned after transaction 1,928 shares Direct holdings after tax-withholding event

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 →

05/22/2026 - 05:43 PM

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^*

SCHUKNECHT SETH G

(Last)

(First)

(Middle)

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)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026		F		54⁽¹⁾	D	$495.11	1,928	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Surrender of shares for payment of tax withholding on release of Restricted Stock Units.

Remarks:

	/s/ Seth G. Schuknecht	05/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cavco Industries (CVCO) report for Seth G. Schuknecht?

Cavco Industries reported that EVP and General Counsel Seth G. Schuknecht had 54 shares of Common Stock surrendered. The shares were used to satisfy tax withholding obligations upon the release of Restricted Stock Units, rather than being sold in an open-market transaction.

Was the Cavco (CVCO) Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Fifty-four shares of Common Stock were surrendered to cover tax obligations related to the release of Restricted Stock Units, as noted in the filing’s footnote.

How many Cavco (CVCO) shares were surrendered for tax withholding in this Form 4?

The filing shows that 54 shares of Cavco Common Stock were surrendered. This disposition was specifically for payment of tax withholding on the release of Restricted Stock Units, according to the transaction details and accompanying footnote.

At what price were the surrendered Cavco (CVCO) shares valued in the Form 4?

The surrendered shares were valued at $495.11 per share in the Form 4. This price is used in the filing to report the value of the 54 shares delivered to satisfy tax withholding on Restricted Stock Units.

How many Cavco (CVCO) shares does Seth G. Schuknecht hold after the reported transaction?

After the tax-withholding disposition, Seth G. Schuknecht holds 1,928 shares of Cavco Common Stock directly. This post-transaction balance is reported in the Form 4 as the total shares owned following the surrender of 54 shares.

What does transaction code "F" mean in the Cavco (CVCO) Form 4 filing?

Transaction code "F" in this Form 4 indicates payment of a tax liability by delivering securities. In this case, 54 shares of Common Stock were surrendered to cover tax withholding on the release of Restricted Stock Units, rather than being sold on the market.