DHANDA ANUJ 4
4 · BlueLinx Holdings Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
BlueLinx (BXC) Director Anuj Dhanda Receives RSU Award, Converts Shares
What Happened
Anuj Dhanda, a director of BlueLinx Holdings Inc. (BXC), received a grant of 2,749 restricted stock units (RSUs) on May 18, 2026. On May 19, 2026, 2,074 RSUs were converted/exercised into 2,074 shares (reported as a derivative conversion) and 2,074 shares were reported disposed the same day at $0.00. The remaining 675 RSUs from the grant appear in the grant record and were not converted in the reported transactions.
Key Details
- Transactions reported: Grant (A) of 2,749 RSUs on 2026-05-18; conversion/exercise (M) of 2,074 RSUs to shares on 2026-05-19 and disposition (M) of 2,074 shares on 2026-05-19.
- Prices/proceeds: All entries report $0.00 (typical for RSU grants and for shares withheld/transferred rather than sold for cash). No cash proceeds reported.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1–F3 state these were RSUs that vested on May 19, 2026; each RSU equals one share; vested shares will be delivered no later than 30 days after vesting.
- Filing timing: Form 4 filed May 20, 2026 for transactions on May 18–19, 2026 (appears timely).
Context
This activity is compensation-related (RSU grant and vesting/conversion), not an open-market buy or sale. RSU conversions and same-day zero-dollar dispositions are commonly reported when shares are converted and some are withheld or transferred to satisfy tax-withholding or settlement obligations; such filings reflect routine compensation mechanics rather than a directional trading signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-05-19+2,074→ 4,975 total - Award
Restricted Stock Units
[F2][F3]2026-05-18+2,749→ 2,749 total→ Common Stock (2,749 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-05-19−2,074→ 0 total→ Common Stock (2,074 underlying)
Footnotes (3)
- [F1]Represents the conversion of restricted stock units that vested on May 19, 2026. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- [F3]The restricted stock units vest on the first anniversary date of the date of grant. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.