Oei Leonard Alexander 4
4 · BlueLinx Holdings Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
BlueLinx (BXC) CCO Oei Receives 8,700 RSUs, Converts 1,367 RSUs
What Happened
- Oei Leonard Alexander, Chief Commercial Officer of BlueLinx Holdings Inc. (BXC), received time‑based restricted stock unit (RSU) awards and had several RSU awards convert to common shares on June 6–7, 2026. On June 5, 2026 he was granted a total of 8,700 RSUs (three awards totaling 4,351; 1,088; and 3,261 RSUs). During June 6–7, 2026, 1,367 vested RSUs converted to shares (765 + 133 + 469). To satisfy tax withholding obligations, 405 shares were withheld/disposed (226, 40, and 139 shares) at $50.30 per share, generating about $20,372 in withholding proceeds. The RSU conversions carry no exercise price.
Key Details
- Transaction dates: Grants 2026-06-05; RSU conversions and withholding sales on 2026-06-06 and 2026-06-07.
- Withholding sale price: $50.30 per share; withheld shares: 226 ($11,368), 40 ($2,012), 139 ($6,992); total ~$20,372.
- Awards granted: 8,700 RSUs (derivative awards, $0 exercise price). Converted/vested RSUs: 1,367.
- Footnote highlights: RSUs are time‑based (each RSU = right to one share). Some awards vest in three equal annual installments (first installments occurred June 6 or June 7 for certain grants); other awards have future vesting dates (e.g., Jan 17, 2028 and June 5, 2029). Withheld shares were used to cover tax obligations.
- Shares owned after transaction: not specified in the Form 4 filing.
- Filing timeliness: Form 4 filed 2026-06-09 for transactions June 5–7, 2026 — reported timely.
Context
- These transactions are award grants and RSU conversions, not open‑market buys or discretionary sales. The small disposals recorded here are routine share withholdings to pay taxes when RSUs vest (common practice), not a voluntary sale signaling sentiment.
- RSUs convert to shares without an exercise payment; withholding of shares to cover taxes is often coded as “F” (payment of exercise price or tax liability) on Form 4.
Insider Transaction Report
Form 4
Oei Leonard Alexander
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-06+765→ 765 total - Tax Payment
Common Stock
[F3]2026-06-06$50.30/sh−226$11,368→ 539 total - Exercise/Conversion
Common Stock
[F4][F2]2026-06-07+133→ 672 total - Tax Payment
Common Stock
[F5]2026-06-07$50.30/sh−40$2,012→ 632 total - Exercise/Conversion
Common Stock
[F6][F2]2026-06-07+469→ 1,101 total - Tax Payment
Common Stock
[F7]2026-06-07$50.30/sh−139$6,992→ 962 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-06-06−765→ 1,528 total→ Common Stock (765 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-06-07−133→ 0 total→ Common Stock (133 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-06-07−469→ 469 total→ Common Stock (469 underlying) - Award
Restricted Stock Units
[F2][F8]2026-06-05+4,351→ 4,351 total→ Common Stock (4,352 underlying) - Award
Restricted Stock Units
[F2][F9]2026-06-05+1,088→ 1,088 total→ Common Stock (1,088 underlying) - Award
Restricted Stock Units
[F2][F10]2026-06-05+3,261→ 3,261 total→ Common Stock (3,261 underlying)
Holdings
- 384
Restricted Stock Unit
[F2][F11]→ Common Stock (384 underlying)
Footnotes (11)
- [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.
- [F10]These are time-based restricted stock units that vest on June 5, 2029. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date. The Reporting Person is not permitted to sell, transfer, pledge, or assign these restricted stock units for a period of two (2) years from June 5, 2029.
- [F11]These are time-based restricted stock units that vest on January 17, 2028. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
- [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 765 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, 2024.
- [F5]These shares were withheld to cover tax withholding obligations when 133 time-based restricted stock units vested on June 7, 2026.
- [F6]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.
- [F7]These shares were withheld to cover tax withholding obligations when 469 time-based restricted stock units vested on June 7, 2026.
- [F8]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.
- [F9]These are time-based restricted stock units that vest on June 5, 2029. Vested shares will be delivered to the reporting person no later than 30 days after each vesting date.
Signature
/s/ Christin Lumpkin, as attorney-in-fact for Leo Alexander Oei|2026-06-09