Burkhardt Timothy A. 4

What Happened

• Timothy A. Burkhardt, Vice President & Controller of Champion Homes, had three share dispositions on March 25, 2026 to satisfy tax withholding obligations tied to vested performance RSUs. The filings report dispositions of 2,369 shares at $72.54 ($171,847), 312 shares at $75.62 ($23,593), and 1,168 shares at $72.54 ($84,727), for a combined value of $280,167. These are tax-withholding/forfeiture transactions (code F), not open-market sales.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely — two days after the transactions).
• Individual dispositions:
  • 2,369 shares @ $72.54 = $171,847
  • 312 shares @ $75.62 = $23,593
  • 1,168 shares @ $72.54 = $84,727
• Total value of shares withheld/disposed: $280,167.
• Shares owned after the transactions: not specified in the provided excerpt; filing notes changes reflect forfeiture of unvested PRSUs (see footnote).
• Footnote: PRSUs were certified by the Compensation Committee on March 25, 2026 and vested at 63.3% of the target; PRSUs that did not vest were forfeited. The reported disposals reflect withholding to cover tax liabilities on the portion that vested.

Context

• These were tax-withholding transactions related to performance restricted stock units (PRSUs). Typically the company retains or cancels a portion of vested shares to cover required taxes (a routine administrative action), so this is not the same as an insider selling shares on the open market for investment reasons.
• The filing indicates the performance award partially vested (63.3%); remaining units were forfeited per the award terms.