Vance Todd 4
4 · Builders FirstSource, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Builders FirstSource (BLDR) President Vance Todd Receives Award
What Happened Vance Todd, President — East Division of Builders FirstSource (BLDR), was credited with awards totaling 9,900 shares on March 15, 2026 (two awards: 7,663 and 2,237 shares, recorded as acquisition code A at $0.00). To satisfy tax withholding on the vesting, 1,703 shares were withheld/disposed at $88.09 per share, a withholding value of $150,017 (recorded as disposition code F). The awards represent restricted stock units (RSUs) and performance-based RSUs (PSUs) rather than an open-market purchase.
Key Details
- Transaction date(s): 2026-03-15; Form 4 filed 2026-03-17 (timely filing).
- Awards: 7,663 shares (A) @ $0.00 and 2,237 shares (A) @ $0.00 — total 9,900 shares.
- Tax withholding: 1,703 shares (F) disposed @ $88.09 = $150,017.
- Shares owned after transaction: not disclosed on this Form 4.
- Footnotes:
- F1: RSUs granted under the 2014 Incentive Plan; RSUs vest 33.3% on each March 15, 2027–2029 and convert 1:1 to common stock upon vesting.
- F2: Some shares reflect vesting of performance-based RSUs.
- F3: Shares were withheld to pay tax withholding requirements on the vesting.
Context These entries reflect compensation vesting (RSUs/PSUs) and routine withholding for taxes, not an active market sale or purchase signal. Awards are common executive compensation; PSUs are earned based on performance criteria, while RSUs vest on a schedule. The withheld shares to cover taxes are a standard administrative step and do not necessarily indicate insider sentiment about the stock.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-03-15+7,663→ 38,784 total - Award
Common Stock, par value $0.01 per share
[F2]2026-03-15+2,237→ 41,021 total - Tax Payment
Common Stock, par value $0.01 per share
[F3]2026-03-15$88.09/sh−1,703$150,017→ 39,318 total
Footnotes (3)
- [F1]Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan. The restricted stock units vest in 33.3% increments on each of March 15, 2027-2029 and entitle the reporting person to one share of common stock for each restricted stock unit that vests.
- [F2]Reflects the vesting of performance-based restricted stock units granted pursuant to the Corporation's 2014 Incentive Plan.
- [F3]Reflects shares withheld to pay tax withholding requirements on vesting of previously granted performance-based restricted stock units and restricted stock units.