Jack S. Brandom - Nov 25, 2024 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role
President, Financial Services
Signature
/s/ Seth G. Schuknecht, attorney-in fact
Stock symbol
CVCO
Transactions as of
Nov 25, 2024
Transactions value $
-$406,013
Form type
4
Date filed
11/27/2024, 02:29 PM
Previous filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVCO Common Stock Options Exercise $434K +2K +267.38% $217.15 2.75K Nov 25, 2024 Direct
transaction CVCO Common Stock Tax liability -$305K -572 -20.82% $533.17 2.18K Nov 26, 2024 Direct F1
transaction CVCO Common Stock Sale -$535K -1K -45.96% $535.34 1.18K Nov 25, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVCO Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -2K -66.67% $0.00 1K Nov 25, 2024 Common Stock 2K $217.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares for payment of option exercise price and tax withholding.
F2 This transaction was executed in multiple trades at prices ranging from $ 535.00 to $536.39, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
F3 The options became fully exercisable on July 10, 2023.