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Champion Homes (SKY) awards PRSUs and RSUs to its CFO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McKinstray David reported acquisition or exercise transactions in this Form 4 filing.

Champion Homes, Inc. reported that EVP, CFO and Treasurer David McKinstray received two equity awards of Common Stock on March 25, 2026, each covering 7,842 shares. These awards were granted at a price of $0.00 per share as compensation, not through open‑market purchases.

The first award consists of performance-based restricted stock units (PRSUs) under the 2018 Equity Incentive Plan. Vesting can reach up to 200% of the target amount, with 60% tied to total shareholder return from March 25, 2026 through March 25, 2029 versus certain peers, and 40% tied to Champion Homes’ single-family completion market share as of January 31, 2029, all subject to continued service.

The second award is a time-based restricted stock unit (RSU) grant under the same plan, vesting in one-third increments on each of the first three anniversaries of the grant date, subject to continued employment or the plan’s other terms. After these grants, McKinstray directly holds 23,984 shares of Common Stock.

Positive

  • None.

Negative

  • None.
Insider McKinstray David
Role EVP, CFO, Treasurer
Type Security Shares Price Value
Grant/Award Common Stock 7,842 $0.00 --
Grant/Award Common Stock 7,842 $0.00 --
Holdings After Transaction: Common Stock — 16,142 shares (Direct)
Footnotes (1)
  1. Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents the contingent right to receive one share of Common Stock. Subject to the terms of the award agreement evidencing the grant of the PRSUs, vesting of a percentage of the PRSUs (including up to 200%) is 60% dependent on the total shareholder return of Issuer from March 25, 2026 through March 25, 2029 relative to the total shareholder return of certain other companies over that same time period, and 40% dependent on the market share of single family completions of Issuer as of January 31, 2029, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date. Represents a restricted stock unit ("RSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan (the "Plan"). The RSUs vest in one-third increments on each of the first three anniversaries of the grant date, subject to continued employment or as otherwise provided in the Plan or the applicable form of RSU Award Agreement.
SEC Form 4
FORM 4UNITED 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*
McKinstray David

(Last)(First)(Middle)
C/O CHAMPION HOMES, INC.
755 W. BIG BEAVER ROAD, SUITE 1000

(Street)
TROY MICHIGAN 48084

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Champion Homes, Inc. [ SKY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CFO, Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/25/2026A7,842(1)A$016,142D
Common Stock03/25/2026A7,842(2)A$023,984D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents the contingent right to receive one share of Common Stock. Subject to the terms of the award agreement evidencing the grant of the PRSUs, vesting of a percentage of the PRSUs (including up to 200%) is 60% dependent on the total shareholder return of Issuer from March 25, 2026 through March 25, 2029 relative to the total shareholder return of certain other companies over that same time period, and 40% dependent on the market share of single family completions of Issuer as of January 31, 2029, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date.
2. Represents a restricted stock unit ("RSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan (the "Plan"). The RSUs vest in one-third increments on each of the first three anniversaries of the grant date, subject to continued employment or as otherwise provided in the Plan or the applicable form of RSU Award Agreement.
/s/ Caren Ries, Attorney-in-Fact03/27/2026
** Signature of Reporting PersonDate
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 did SKY executive David McKinstray report in this Form 4 filing?

David McKinstray reported receiving two equity awards of 7,842 Champion Homes shares each. One is a performance-based RSU grant and the other a time-based RSU grant, both under the 2018 Equity Incentive Plan and granted as compensation at no cash cost.

How are David McKinstray’s performance-based RSUs at Champion Homes (SKY) structured?

The performance-based RSUs cover 7,842 Champion Homes shares and may vest up to 200% of target. Vesting is 60% based on total shareholder return from March 25, 2026 to March 25, 2029 and 40% on single-family completion market share as of January 31, 2029.

When do David McKinstray’s time-based RSUs in Champion Homes (SKY) vest?

The time-based RSUs granted to David McKinstray vest in three equal annual installments. One-third vests on each of the first three anniversaries of the March 25, 2026 grant date, subject to his continued employment or as otherwise provided in the equity plan documents.

How many Champion Homes (SKY) shares does David McKinstray hold after these awards?

Following the reported awards, David McKinstray directly holds 23,984 shares of Champion Homes Common Stock. This total reflects the addition of the two 7,842-share equity grants disclosed in the filing, which were awarded at no cash purchase price as part of his compensation.

Do the equity awards to Champion Homes (SKY) CFO involve any open-market stock purchases?

No, the reported equity awards involve no open-market purchases. Both the performance-based and time-based restricted stock units were granted at a price of $0.00 per share as compensation under Champion Homes’ 2018 Equity Incentive Plan, rather than being bought on the market.
Champion Homes

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