DeBrock Kimberly Ann 4
4 · BlueLinx Holdings Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
BlueLinx (BXC) VP Kimberly DeBrock Receives RSUs; Shares Withheld
What Happened
Kimberly Ann DeBrock, Vice President & Chief Accounting Officer of BlueLinx Holdings (BXC), had time‑based restricted stock units (RSUs) vest in early June 2026 and received a new RSU grant. On June 6, 2026, 641 RSUs vested; 184 shares were withheld to cover tax withholding at $50.30/share (value withheld $9,255), leaving 457 shares delivered. On June 7, 2026, 214 RSUs vested; 62 shares were withheld at $50.30/share (value withheld $3,119), leaving 152 shares delivered. Net delivered shares from these vesting events = 609 shares; total shares withheld for taxes = 246 shares (approx. $12,374). Separately, on June 5, 2026, DeBrock was granted 2,650 time‑based RSUs that vest in future installments (no cash paid).
Key Details
- Transaction dates/prices:
- June 6, 2026: 641 RSUs converted to shares; 184 shares withheld at $50.30 each (withholding value $9,255).
- June 7, 2026: 214 RSUs converted to shares; 62 shares withheld at $50.30 each (withholding value $3,119).
- June 5, 2026: Grant of 2,650 RSUs (no cash consideration).
- Net shares delivered from vested RSUs: 609 (457 from June 6 + 152 from June 7).
- Shares withheld for taxes (disposition code F): 246 shares total, approx. $12,374.
- Vesting/grant notes: These are time‑based RSUs that vest in scheduled installments (see filing footnotes); the 2,650‑RSU grant vests in three equal installments commencing June 5, 2027 (to be delivered within 30 days after vesting).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Filing timeliness: Form 4 was filed June 9, 2026; the filing shows no indication of a late report.
Context
These transactions are conversions of RSUs into common stock (derivative conversion) with shares withheld to satisfy tax withholding obligations — a routine, non‑market sale action often called a cashless withholding. This is an award/vesting and tax withholding event, not an open‑market purchase or sale intended to signal sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-06+641→ 1,118 total - Tax Payment
Common Stock
[F3]2026-06-06$50.30/sh−184$9,255→ 934 total - Exercise/Conversion
Common Stock
[F4][F2]2026-06-07+214→ 1,148 total - Tax Payment
Common Stock
[F5]2026-06-07$50.30/sh−62$3,119→ 1,086 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-06-06−641→ 1,280 total→ Common Stock (641 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-06-07−214→ 214 total→ Common Stock (214 underlying) - Award
Restricted Stock Units
[F2][F6]2026-06-05+2,650→ 2,650 total→ Common Stock (2,650 underlying)
- 349
Restricted Stock Units
[F2][F7]→ Common Stock (349 underlying) - 232
Restricted Stock Units
[F2][F8]→ Common Stock (232 underlying)
Footnotes (8)
- [F1]Represents the conversion of restricted stock units that vested on June 6, 2026. These are time based restricted stock units that vest in three equal annual installments, with the first vesting on June 6, 2026.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BlueLinx Holdings Inc. common stock.
- [F3]These shares were withheld to cover tax withholding obligations when 641 time-based restricted stock units vested on June 6, 2026.
- [F4]Represents the conversion of restricted stock units that vested on June 7, 2026. These are time based restricted stock units that vest in three equal annual installments, with the first vesting on June 7, 2025.
- [F5]These shares were withheld to cover tax withholding obligations when 214 time-based restricted stock units vested on June 7, 2026.
- [F6]These are time-based restricted stock units that vest in three equal installments commencing on June 5, 2027. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
- [F7]These are time-based restricted stock units that vest on June 6, 2028. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
- [F8]These are time-based restricted stock units that vest in three equal installments commencing on October 18, 2024. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.