Herron Stephen J 4
4 · Builders FirstSource, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Builders FirstSource (BLDR) COO Stephen Herron Receives RSUs; Shares Withheld
What Happened
Stephen J. Herron, Chief Operating Officer of Builders FirstSource (BLDR), was granted restricted stock units (RSUs) on March 15, 2026: 15,325 RSUs and 6,650 performance-based RSUs (total 21,975 RSUs) granted at $0.00 (award). To satisfy tax withholding on vesting of previously granted awards, 5,818 shares were withheld/disposed at $88.09 per share, generating a withholding value of approximately $512,508. The awards are reported as acquisition code A; the withholding is reported as disposition code F.
Key Details
- Transaction dates: March 15, 2026 (awards and withholding); Form 4 filed March 17, 2026 (within typical 2-business-day reporting window).
- Grants: 15,325 RSUs (A) and 6,650 performance RSUs (A) at $0.00 acquisition price.
- Withholding/Disposition: 5,818 shares withheld at $88.09 each; total value ≈ $512,508.
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes:
- F1: RSUs granted under the 2014 Incentive Plan; standard time-based vesting (33.3% on each of March 15, 2027–2029), each vested RSU converts to one share.
- F2: 6,650 units reflect vesting of performance-based RSUs under the 2014 Incentive Plan.
- F3: 5,818 shares were withheld to satisfy tax withholding on vesting of prior performance and time-based RSUs.
- Codes: A = award/grant; F = tax withholding (share surrender), not an open-market sale.
Context
This filing reflects an award of RSUs (a compensation grant) and routine share withholding to cover tax liabilities. The withholding disposition is a common administrative step and should not be read as an open-market sale indicating a change in insider sentiment. The awards vest over future dates per the footnotes; no options were exercised and no new cash purchases were made.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-03-15+15,325→ 110,278 total - Award
Common Stock, par value $0.01 per share
[F2]2026-03-15+6,650→ 116,928 total - Tax Payment
Common Stock, par value $0.01 per share
[F3]2026-03-15$88.09/sh−5,818$512,508→ 111,110 total
Footnotes (3)
- [F1]Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan. The restricted stock units vest in 33.3% increments on each of March 15, 2027-2029 and entitle the reporting person to one share of common stock for each restricted stock unit that vests.
- [F2]Reflects the vesting of performance-based restricted stock units granted pursuant to the Corporation's 2014 Incentive Plan.
- [F3]Reflects shares withheld to pay tax withholding requirements on vesting of previously granted performance-based restricted stock units and restricted stock units.