Champion Homes EVP uses 5,676 shares for taxes
Champion Homes, Inc. executive vice president of operations Joseph A. Kimmell reported routine share dispositions tied to tax withholding rather than open-market sales.
Rhea-AI Filing Summary
Champion Homes, Inc. executive vice president of operations Joseph A. Kimmell reported routine share dispositions tied to tax withholding rather than open-market sales. On March 25, 2026, a total of 5,676 shares of common stock were withheld at prices around $72.54–$75.62 per share to satisfy tax liabilities.
The footnote explains that these transactions coincided with performance-based restricted stock units (PRSUs) granted under the 2018 Equity Incentive Plan. After the compensation committee certified results, the PRSUs vested at 63.3% of the original grant and the remainder was forfeited. Following these tax-withholding dispositions, Kimmell directly owns 44,646 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,466 | $72.54 | $251K |
| Exercise Price or Tax Liability | Common Stock | 1,736 | $72.54 | $126K |
| Exercise Price or Tax Liability | Common Stock | 474 | $75.62 | $36K |
Footnotes (1)
- F1. The amount of securities owned reflects the forfeiture of a portion of PRSUs previously granted to the Reporting Person under the 2018 Equity Incentive Plan of Issuer and reported as owned directly at the target (100%) level. Pursuant to the terms of the award agreement evidencing the grant of the PRSUs, upon the Compensation Committee certification of the achievement of the performance goals on March 25, 2026 the PRSUs vested at 63.3% of the initial grant, and the PRSUs that did not vest were forfeited.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SKY executive Joseph A. Kimmell report in this Form 4 filing?
Joseph A. Kimmell reported share dispositions used to cover tax obligations, not open-market sales. On March 25, 2026, shares were withheld from vested performance-based restricted stock units granted under Champion Homes’ 2018 Equity Incentive Plan as part of standard tax-settlement mechanics.
What happened to Joseph A. Kimmell’s performance-based RSUs in this SKY filing?
The filing notes that Kimmell’s performance-based RSUs vested at 63.3% of the initial grant after compensation committee certification on March 25, 2026. The remaining unvested PRSUs were forfeited, consistent with the terms of the 2018 Equity Incentive Plan award agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.