UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~September~~October 2927, 2025

CAVCO INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

000-08822

56-2405642

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

3636 North Central Avenue, Suite 1200

Phoenix

Arizona

85012

(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: (602) 256-6263

Not applicable

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $0.01	CVCO	The Nasdaq Stock Market LLC
		(Nasdaq Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 25.0102 Departure ~~Completion~~ of ~~Acquisition~~Directors or ~~Disposition~~Certain Officers; Election of ~~Assets~~Directors: Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On ~~September~~October 2927, 2025, ~~Cavco~~the ~~Industries,~~Board ~~Inc.,~~of aDirectors ~~Delaware corporation~~ (the “~~Company~~Board”), ~~completed the acquisition~~ of ~~American~~Cavco ~~Homestar Corporation~~Industries, aInc. ~~Texas corporation~~ (“~~American Homestar~~Cavco”), ~~pursuant~~or to the ~~previously~~“Company”) increased ~~announced~~the ~~Agreement~~size ~~and Plan~~ of ~~Merger,~~the ~~dated~~Board asfrom of7 ~~July~~to ~~14,~~8 ~~2025~~directors ~~(the “Merger Agreement”), by~~ and ~~among~~appointed ~~the~~Lisa ~~Company,~~L. ~~American~~Daniels ~~Homestar,~~as ~~Cavco Merger Sub, Inc.,~~ a ~~Delaware~~Class ~~corporation~~II ~~and~~director ~~wholly owned subsidiary~~ of the Company ~~(“Merger Sub”)~~, ~~and~~with ~~Craig~~an ~~Reynolds,~~initial ~~solely~~term inexpiring ~~his~~at ~~capacity~~the as2026 ~~representative~~annual meeting of the ~~shareholders~~Company’s ~~of American Homestar~~stockholders.

~~Under~~Ms. Daniels has been appointed to the ~~terms~~Audit Committee and Corporate Governance and Nominating Committee of the ~~Merger~~Board ~~Agreement~~effective October 27, ~~Merger~~2025. ~~Sub~~As ~~merged~~compensation ~~with~~for ~~and~~her ~~into~~service ~~American~~on ~~Homestar~~the Board, ~~with~~Ms. ~~American~~Daniels ~~Homestar~~will ~~continuing~~participate asin the ~~surviving~~Company’s ~~corporation~~non-employee ~~and~~director ~~becoming~~compensation apolicy ~~wholly~~as ~~owned~~in ~~subsidiary~~effect, ofpro-rated for the ~~Company~~current ~~(the~~fiscal ~~“Merger”)~~year. ~~The~~In ~~closing~~addition, ofMs. ~~the~~Daniels ~~Merger~~will ~~followed~~enter ~~the~~into ~~receipt~~a ofstandard ~~all~~indemnification ~~required~~agreement ~~regulatory~~in ~~approvals,~~the ~~including~~form ~~clearance~~previously ~~under~~approved by the ~~Hart-Scott-Rodino Antitrust Improvements Act~~Board.

AtThere ~~the~~are ~~effective~~no ~~time~~arrangements ofor ~~the~~understandings ~~Merger~~between ~~(the~~Ms. ~~“Effective Time”): (i) each share of Class A common stock of American Homestar~~Daniels, ~~par~~on ~~value~~the ~~$0.01~~one ~~per share (“Common Stock”)~~hand, ~~issued~~ and ~~outstanding immediately prior to~~ the ~~Effective~~Company ~~Time (other than shares held in treasury by American Homestar~~ or ~~owned~~any byother ~~the Company~~persons, ~~Merger~~on ~~Sub,~~the orother ~~their respective subsidiaries)~~hand, ~~was~~pursuant ~~automatically cancelled and converted into the right~~ to ~~receive~~which ~~$20~~Ms.62 ~~per~~Daniels ~~share~~was inselected ~~cash;~~as ~~and~~a ~~(ii)~~director. ~~each~~There ~~restricted~~are ~~share~~no ofrelated ~~Common~~party ~~Stock~~transactions ~~outstanding~~between ~~immediately prior to~~ the ~~Effective~~Company ~~Time vested in full, all restrictions lapsed,~~ and ~~such shares were treated as Common Stock entitled to receive $20~~Ms.62 ~~per~~Daniels ~~share~~(or inany ~~cash.~~of ~~The~~her ~~cash~~immediate ~~consideration~~family ~~payable~~members) torequiring ~~American~~disclosure ~~Homestar~~under ~~shareholders~~Item in404(a) ~~the~~of ~~Merger~~Regulation ~~is subject to customary post~~S-~~closing~~K. ~~adjustments,~~Ms. ~~including~~Daniels ~~adjustments~~does ~~for~~not ~~indebtedness,~~have ~~working~~any ~~capital,~~family ~~and~~relationships ~~other~~with ~~items~~any asof ~~set~~the ~~forth~~Company’s indirectors ~~the~~or ~~Merger~~executive ~~Agreement~~officers.

~~The~~Item foregoing summary of the Merger Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the Merger Agreement, which was filed as Exhibit 107.101 Regulation toFD ~~the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on July 14, 2025, and is incorporated herein by reference~~Disclosure.

~~Item~~A 7copy of the Company’s press release announcing the appointment of Ms.01 ~~Regulation~~Daniels FDis ~~Disclosure~~attached as Exhibit 99.1 to this Form 8-K and incorporated herein by reference.

OnThe ~~September~~information ~~30,~~furnished ~~2025,~~in ~~the~~this ~~Company~~Item ~~issued~~7.01 aand ~~press~~Exhibit ~~release~~99.1 ~~announcing~~attached ~~the~~hereto ~~completion~~is being furnished and shall not be deemed “filed” for purposes of Section 18 of the ~~Merger.~~Securities AExchange ~~copy~~Act of 1934, as amended, or otherwise subject to the ~~press~~liabilities ~~release~~of isthat ~~furnished~~section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as ~~Exhibit~~amended, ~~99.1~~except toas ~~this~~expressly ~~Current~~set ~~Report~~forth onby ~~Form~~specific ~~8-K~~reference in such filing.

~~The information contained in~~ Item 7 9.01 Financial ofStatements ~~this~~and ~~Current Report on Form 8-K, including Exhibit 99~~Exhibits.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Cautionary Note Regarding Forward-Looking Statements


Exhibit Number			Description
99.1			Press Release, dated October 28, 2025
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

This Current Report on Form 8-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on current expectations, estimates, and projections about the Company’s business, and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements. Forward-looking statements are generally identified by words such as “may,” “will,” “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “continue,” or similar expressions, although not all forward-looking statements contain these words.

Forward-looking statements in this Current Report include, but are not limited to, statements regarding the anticipated benefits of the acquisition, the impact of the transaction on the Company’s business, operations, and financial results, and any other statements regarding events or developments that the Company expects or anticipates will occur in the future. Important factors that could cause actual results or events to differ materially from those indicated in the forward-looking statements include, among others: (i) the effect of the completion of the Merger on the Company’s business relationships, operating results, and business generally; (ii) potential unexpected costs, charges, or expenses resulting from the

integration of American Homestar; and (iii) other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K, filed on May 23, 2025.

Forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. Any forward-looking statements in this Current Report are made only as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by law.

Item 9.01 Financial Statements and Exhibits

Exhibit Number			Description
10.1*			Agreement and Plan of Merger, dated July 14, 2025, by and among Cavco Industries, Inc., Cavco Merger Sub, Inc., American Homestar, Inc., and Craig Reynolds, solely in his capacity as representative of the shareholders (incorporated by reference to Exhibit 10.1 to the Current Report on 8-K filed by the Company with the SEC on July 14, 2025).
99.1**			Press Release, dated September 30, 2025
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant agrees to furnish supplementally a copy of any omitted schedule or exhibit to the U.S. Securities and Exchange Commission upon request.

**Filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CAVCO INDUSTRIES, INC.
By:			/s/ Seth Schuknecht
			Seth Schuknecht
			Executive Vice President, General Counsel, Chief Compliance Officer & Corporate Secretary
Date:			~~September~~October 3028, 2025

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