Charles Dirkson R 4
Research Summary
AI-generated summary
Builders FirstSource Director Charles Dirkson Receives Award 299 Shares
What Happened
- Charles Dirkson R, a director of Builders FirstSource (BLDR), was granted 299 shares as an award/compensation accrual on March 1, 2026. The shares were recorded at $104.29 per share, for a total value of $31,183. This was an award (code A) issued in lieu of cash compensation, not an open-market purchase.
Key Details
- Transaction date: 2026-03-01
- Transaction type/code: Award/Grant (A) — acquisition of shares as compensation
- Price per share: $104.29; Total value: $31,183
- Shares owned after transaction: Not specified in the provided Form 4 excerpt
- Footnote: Shares issued in lieu of cash director fees under the company’s 2014 Incentive Plan and Amended and Restated Director Compensation Policy
- Filing timeliness: Report filed 2026-03-03 (appears timely under the Form 4 two-business-day rule)
Context
- This was a compensation award (shares issued instead of cash), which is a routine corporate practice for directors and not the same signal as an insider buying shares on the open market. Such awards reflect board pay arrangements rather than a direct expression of the director’s market view.