SMITH J DAVID 4
4 · BlueLinx Holdings Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
BlueLinx (BXC) Director J. David Smith Receives Award, Exercises RSUs
What Happened
- Director J. David Smith reported a grant and conversion of restricted stock units (RSUs). The filing shows a 2,749‑unit RSU award on May 18, 2026 (no purchase price) and the conversion/exercise of RSUs that vested on May 19, 2026 for 2,074 shares. The same 2,074 shares also appear as a disposition at $0 in the filing (commonly done to satisfy tax withholding). No cash purchase or sale proceeds are reported.
Key Details
- Transaction dates: RSU grant reported 2026-05-18; RSU conversion/exercise and corresponding disposition reported 2026-05-19. Filing date: 2026-05-20.
- Amounts: 2,749 RSUs granted (award, $0); 2,074 RSUs converted to 2,074 shares (exercise/conversion); 2,074 shares shown as disposed at $0 (likely withheld).
- Price/Value: All transactions reported at $0 (derivative/award activity); no cash proceeds reported.
- Footnotes of note:
- F1: Conversion represents RSUs that vested on May 19, 2026; vested shares to be delivered within 30 days of vesting.
- F2: Each RSU equals one share of common stock.
- F3: New RSUs vest on the first anniversary of grant (vesting schedule applies).
- Shares owned after the transactions: not specified in the provided extract of the filing.
- Timeliness: Filing was submitted May 20 for transactions dated May 18–19; no late‑filing flag shown.
Context
- These entries are derivative/award transactions (RSUs), not open‑market buys or sales. The conversion/exercise plus an immediate disposition of the same number of shares is typical when shares are withheld to cover taxes upon vesting — it does not necessarily indicate a sale for investment reasons. Awards and vesting are routine compensation for directors and executives; purchases are generally considered a stronger bullish signal than awards or routine tax withholdings.
Insider Transaction Report
Form 4
SMITH J DAVID
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-05-19+2,074→ 16,517 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)
Holdings
- 12,000
Restricted Stock Units
[F2][F4]→ Common Stock (12,000 underlying) - 5,335
Restricted Stock Units
[F2][F5]→ Common Stock (5,335 underlying) - 8,498
Restricted Stock Units
[F2][F6]→ Common Stock (8,498 underlying) - 6,075
Restricted Stock Units
[F2][F7]→ Common Stock (6,075 underlying)
Footnotes (7)
- [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.
- [F4]The restricted stock units vested on May 21, 2021. Vested shares will be delivered to the reporting person within 30 days after the earlier of May 21, 2030, or termination of reporting person's service on the Board of Directors.
- [F5]The restricted stock units vested on May 17, 2020. Vested shares will be delivered to the reporting person within 30 days after the earlier of May 17, 2029, or termination of reporting person's service on the Board of Directors.
- [F6]The restricted stock units vested on January 11, 2019. Vested shares will be delivered to the reporting person within 30 days after the earlier of January 11, 2028, or termination of reporting person's service on the Board of Directors.
- [F7]The restricted stock units vested on May 18, 2018. Vested shares will be delivered to the reporting person within 30 days after the earlier of May 18, 2027, or termination of reporting person's service on the Board of Directors.
Signature
/s/ Christin Lumpkin as attorney-in-fact for J. David Smith|2026-05-20