4Filed Aug 9, 8:00 PM ET
BlueLinx (BXC) Director Kim Fennebresque Sells 34,138 Shares
$BXC · BlueLinx Holdings Inc.Research Summary
AI-generated summary of this SEC filing
BlueLinx (BXC) Director Kim Fennebresque Sells 34,138 Shares
What Happened
Kim S. Fennebresque, a director of BlueLinx Holdings Inc. (BXC), disposed of 34,138 shares in an open-market sale on August 6, 2026. The shares were sold for a weighted-average price of $84.15 per share, generating proceeds of approximately $2,872,713. This was a sale (disposition), which is often routine for insiders and does not by itself indicate company prospects.
Key Details
- Transaction date: August 6, 2026 (reported on Form 4 filed Aug 10, 2026). Filing appears timely (filed within two business days).
- Price range and average: shares were transacted at prices between $82.46 and $85.51; weighted-average price $84.15 (footnote F1).
- Shares sold: 34,138; approximate proceeds: $2,872,713.
- Shares owned after transaction: Not specified in the provided excerpt. The filing includes multiple footnotes (F2–F7) describing restricted stock units (RSUs) and vesting schedules that affect future share deliveries.
- Notable footnotes: F1 explains the price range and weighted average; F2–F7 describe various time-based RSUs and their vesting/delivery terms. No 10b5-1 plan, tax-withholding sale, gift, or option exercise was disclosed in the provided data.
Context
- This was an open-market sale (transaction code S). Sales by directors can be for personal or tax-planning reasons and are not necessarily predictive of company performance.
- The filing shows the insider has or had RSUs with staggered vesting dates (per F2–F7), which may result in future share deliveries unrelated to this sale.