Allison Aden - 21 May 2024 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Reporting relationship: EVP, CFO & Treasurer
Issuer ticker: CVCO
Reported as of: 21 May 2024
Net transaction value: -$142,423
SEC form: 4
Accepted by SEC: 23 May 2024, 18:42:02 UTC
Prior SEC filing: 17 May 2024
Next SEC filing: 28 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Seth G. Schuknecht, attorney-in fact

Key filing fact

Allison Aden filed Form 4 for CAVCO INDUSTRIES INC. (CVCO) on 23 May 2024.

Key facts

This page summarizes Allison Aden's Form 4 filing for CAVCO INDUSTRIES INC. (CVCO).
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 23 May 2024, 18:42.

Change

Previous filing in this sequence was filed on 17 May 2024.
Current net transaction value: -$142,423.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CVCO transaction

Common Stock

Award

Transaction value: $0
Shares: +971
Change %: +25%
Price: $0.000000
Shares after: 4,862
Date: 21 May 2024
Ownership: Direct
Footnotes: F1

CVCO transaction

Common Stock

Tax liability

Transaction value: $98,562
Shares: -272
Change %: -5.6%
Price: $362.36
Shares after: 4,590
Date: 21 May 2024
Ownership: Direct
Footnotes: F2

CVCO transaction

Common Stock

Award

Transaction value: $0
Shares: +1,357
Change %: +30%
Price: $0.000000
Shares after: 5,947
Date: 22 May 2024
Ownership: Direct
Footnotes: F3

CVCO transaction

Common Stock

Award

Transaction value: $0
Shares: +420
Change %: +7.1%
Price: $0.000000
Shares after: 6,367
Date: 22 May 2024
Ownership: Direct
Footnotes: F4

CVCO transaction

Common Stock

Award

Transaction value: $0
Shares: +444
Change %: +7%
Price: $0.000000
Shares after: 6,811
Date: 22 May 2024
Ownership: Direct
Footnotes: F5

CVCO transaction

Common Stock

Tax liability

Transaction value: $43,861
Shares: -124
Change %: -1.8%
Price: $353.72
Shares after: 6,687
Date: 22 May 2024
Ownership: Direct
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Vesting of FY22-24 Performance-based Restricted Stock Units ("RSUs").

Footnote F2

Surrender of shares for payment of tax withholding on release of Performance-based RSUs.

Footnote F3

This is an award of RSUs which will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.

Footnote F4

This is an award of RSUs that will vest 100% on August 30, 2024, to true-up the pro-rated long-term incentive compensation granted to the reporting person in her initial year of employment with the Company to align with her 3-year vesting period of the award disclosed in the Form 4 filed by the reporting person on August 31, 2021, with a grant date of August 30, 2021.

Footnote F5

This is an award of RSUs that will vest 100% on the grant date, awarded to true-up the pro-rated long-term incentive compensation granted to the reporting person in her initial year of employment with the Company to align with her 3-year vesting period of the award referenced in Footnote 1.

Footnote F6

Surrender of shares for payment of tax withholding on vesting of RSUs referenced in Footnote 5.

Footnote F7

Includes 4,460 shares underlying Restricted Stock Units allocated but not yet vested or delivered.