Champion Homes (SKY) VP covers tax liability with 690-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Champion Homes, Inc. VP & Controller Timothy A. Burkhardt reported a routine tax-related share transfer. On this Form 4, 690 shares of common stock were disposed of at $72.54 per share to cover tax obligations, leaving him with 32,540 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burkhardt Timothy A.
Role
VP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 690 | $72.54 | $50K |
Holdings After Transaction:
Common Stock — 32,540 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SKY executive Timothy A. Burkhardt report?
Timothy A. Burkhardt reported a tax-related share disposition of 690 shares of Champion Homes, Inc. common stock. The shares were transferred at $72.54 each to satisfy tax obligations, rather than being sold in an open-market transaction.
Was Timothy Burkhardt’s SKY transaction an open-market sale or a tax withholding?
The Form 4 classifies the event as a tax-withholding disposition, not an open-market sale. Code F and the description indicate the 690 shares were delivered to pay a tax liability associated with equity compensation, rather than sold on the open market.
What does transaction code F mean in the SKY Form 4 for Timothy Burkhardt?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 690 Champion Homes, Inc. shares were used to satisfy tax obligations, making it an administrative, non-open-market disposition recorded as a Form 4 event.