Narayan Gayatri 4
Research Summary
AI-generated summary
Builders FirstSource (BLDR) — Narayan Gayatri Receives Award
What Happened
- Narayan Gayatri, President — Tech & Digital at Builders FirstSource (BLDR), was granted 9,365 restricted stock units (RSUs) on March 15, 2026. The grant shows an acquisition price of $0.00 (award), so there was no cash purchase.
- Each RSU will convert to one share of common stock as it vests; the award itself is compensation rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-03-15; Filing date (Form 4): 2026-03-17 (timely).
- Transaction type/code: Award/Grant (A); shares/units granted: 9,365; reported price: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: RSUs granted under the Corporation’s 2014 Incentive Plan vest in 33.3% increments on each of March 15, 2027, 2028 and 2029 (each vested RSU converts to one share).
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in the provided filing.
Context
- RSU grants are a common form of executive compensation and typically reflect pay/retention incentives; they do not represent an immediate purchase or sale of stock. Taxes are generally due when RSUs vest (unless the holder makes an election), and shares may be sold later depending on the insider’s decisions and company policies.
- For retail investors, awards like this are informational on compensation and alignment with management but are not direct bullish/bearish trades.