Robins Scott L 4
Research Summary
AI-generated summary
Builders FirstSource (BLDR) President Scott Robins Receives Award
What Happened
- Scott L. Robins, President — West Division of Builders FirstSource (BLDR), was awarded a total of 15,101 restricted stock units (9,507 + 5,594) on 2026-03-15 (grants reported at $0.00). Concurrently, 5,057 shares were disposed/withheld at $88.09 per share to satisfy tax withholding obligations, valued at $445,471. The grants are awards (acquisitions) and the withholding is a routine tax-related disposition.
Key Details
- Transaction date: 2026-03-15; Form filed: 2026-03-17 (timely within reporting window).
- Grants: 9,507 RSUs and 5,594 RSUs granted at $0.00 (award).
- Tax withholding/disposition: 5,057 shares withheld/disposed at $88.09, total value $445,471.
- Shares owned after transaction: not reported in the provided filing details.
- Footnotes:
- F1: RSUs granted under the 2014 Incentive Plan; these RSUs vest in 33.3% increments on March 15, 2027–2029 and convert to one share per RSU.
- F2: Some units are performance-based RSUs that vested.
- F3: Shares were withheld to pay tax withholding requirements on vesting (routine).
- Filing timeliness: Filed two days after the transaction date (appears timely).
Context
- These were restricted stock unit awards (not open-market purchases). The disposal was a company/plan tax-withholding action (common when RSUs vest), not an open-market sale that signals sentiment. RSU grants reflect compensation and vesting schedules; withheld shares to cover taxes are routine and do not necessarily indicate buying or selling intent.