Champion Homes (SKY) VP sees 3,849 shares withheld for tax on PRSUs
Rhea-AI Filing Summary
Champion Homes, Inc. VP & Controller Timothy A. Burkhardt reported tax-related share dispositions tied to vesting performance-based restricted stock units. On March 25, 2026, a total of 3,849 shares of common stock were withheld at prices of $72.54 and $75.62 per share to cover tax liabilities. According to a footnote, the PRSUs vested at 63.3% of the initial grant under the 2018 Equity Incentive Plan, with the non-vested portion forfeited. After these tax-withholding transactions, Burkhardt directly holds 28,691 shares of common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 3,849 shares
Net Sell
3 txns
Insider
Burkhardt Timothy A.
Role
VP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,369 | $72.54 | $172K |
| Exercise Price or Tax Liability | Common Stock | 312 | $75.62 | $24K |
| Exercise Price or Tax Liability | Common Stock | 1,168 | $72.54 | $85K |
Holdings After Transaction:
Common Stock — 28,691 shares (Direct)
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.
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FAQ
What insider transaction did SKY executive Timothy Burkhardt report on this Form 4?
Timothy A. Burkhardt reported tax-withholding dispositions of common stock, not open-market sales. On March 25, 2026, 3,849 shares were delivered to cover tax liabilities arising from vesting performance-based restricted stock units under Champion Homes’ 2018 Equity Incentive Plan.
What does the 63.3% PRSU vesting mean in the SKY Form 4 footnote?
The footnote explains that performance-based RSUs granted under the 2018 Equity Incentive Plan vested at 63.3% of the original target amount. Upon the compensation committee’s certification of performance on March 25, 2026, unearned PRSUs were forfeited and only the earned portion vested.