Vance Todd 4

What Happened Vance Todd, President — East Division of Builders FirstSource (BLDR), was credited with awards totaling 9,900 shares on March 15, 2026 (two awards: 7,663 and 2,237 shares, recorded as acquisition code A at $0.00). To satisfy tax withholding on the vesting, 1,703 shares were withheld/disposed at $88.09 per share, a withholding value of $150,017 (recorded as disposition code F). The awards represent restricted stock units (RSUs) and performance-based RSUs (PSUs) rather than an open-market purchase.

Key Details

• Transaction date(s): 2026-03-15; Form 4 filed 2026-03-17 (timely filing).
• Awards: 7,663 shares (A) @ $0.00 and 2,237 shares (A) @ $0.00 — total 9,900 shares.
• Tax withholding: 1,703 shares (F) disposed @ $88.09 = $150,017.
• Shares owned after transaction: not disclosed on this Form 4.
• Footnotes:
  • F1: RSUs granted under the 2014 Incentive Plan; RSUs vest 33.3% on each March 15, 2027–2029 and convert 1:1 to common stock upon vesting.
  • F2: Some shares reflect vesting of performance-based RSUs.
  • F3: Shares were withheld to pay tax withholding requirements on the vesting.

Context These entries reflect compensation vesting (RSUs/PSUs) and routine withholding for taxes, not an active market sale or purchase signal. Awards are common executive compensation; PSUs are earned based on performance criteria, while RSUs vest on a schedule. The withheld shares to cover taxes are a standard administrative step and do not necessarily indicate insider sentiment about the stock.