LYALL JONATHAN WADE 4

What Happened
Lyall Jonathan Wade, EVP Sales & Business Development of Champion Homes (SKY), received equity awards on March 25, 2026 and had shares withheld to satisfy tax withholding. The filing shows two grants of 5,721 awards each (11,442 total) reported as acquisitions at $0.00, and three disposals labeled as tax withholdings totaling 5,319 shares (3,466 @ $72.54, 1,456 @ $72.54, and 397 @ $75.62) for a combined cash value of $387,063. Net to Wade after withholding was an increase of 6,123 shares (11,442 granted − 5,319 withheld).

Key Details

• Transaction date: March 25, 2026. Withholding prices: $72.54 (3,466 and 1,456 shares) and $75.62 (397 shares). Total withheld value: $387,063.
• Awards reported as acquisitions: two grants of 5,721 PRSUs/RSUs each (total 11,442 units) at $0.00 (awarded, not purchased).
• Net change: +6,123 shares retained after tax withholding.
• Footnotes:
  • F1: Some previously reported target PRSUs were forfeited; vesting certified at 63.3% of the initial performance target.
  • F2: PRSUs are performance-based (60% TSR relative to peers, 40% market-share metric) with multi-year vesting through 2029, contingent on continued service.
  • F3: RSUs vest in one-third increments over three years, subject to continued employment.
• Filing timeliness: No late filing indicated in the provided data.

Context: These disposals are tax-withholding transactions (code F), not open-market sales — common when restricted stock/PRSUs vest. The awards include performance-based PRSUs (future vesting tied to multi-year goals) and time-based RSUs; the PRSU outcome reflects certification of performance and partial forfeiture per the award terms.