SKY Form 4: EVP Joseph Kimmell receives 14,221 RSUs with 3-year vesting
Rhea-AI Filing Summary
Champion Homes, Inc. insider Joseph A. Kimmell received a restricted stock unit award of 14,221 RSUs on 08/15/2025 under the 2018 Equity Incentive Plan. The award was granted at a $0 price and increases his beneficial ownership to 57,789 shares. The RSU Award vests in one-third increments on each of the first three anniversaries of the grant date, subject to continued employment or the Plan terms. The Form 4 was furnished for reporting by one person and executed by attorney-in-fact Caren A. Ries on 08/19/2025. Kimmell is listed as EVP, Operations and an officer of the issuer.
Positive
- 14,221 RSU award granted to the reporting person, indicating compensation and retention alignment
- Vesting schedule disclosed: vests in one-third increments on each of the first three anniversaries, providing clear terms
- No cash payment required (price $0), indicating an equity grant rather than a purchase
- Post-transaction beneficial ownership disclosed: 57,789 shares following the reported transaction
Negative
- None.
Insights
Routine equity compensation; limited immediate market impact but increases insider stake over time.
The 14,221 RSU grant, reported as an acquisition at $0, is typical executive compensation under the 2018 Equity Incentive Plan. Vesting in three equal annual installments means the economic interest vests over multiple years rather than immediately. The report increases the reporting person\'s beneficial ownership to 57,789 shares, a disclosed post-transaction holding. This Form 4 contains no cash proceeds, option exercises, or dispositions that would signal immediate liquidity events.
Standard retention/alignment award with time-based vesting; governance implications are routine and non-material.
The RSU Award follows a time-based vesting schedule (one-third per year for three years) which aligns executive tenure with share retention. The filing identifies the reporting person\'s role as EVP, Operations and confirms proper Section 16 reporting via Form 4. There are no indications of accelerated vesting, related-party transaction terms, or amendments in the filing text provided.