McKinstray David 4

What Happened David McKinstray, EVP, Chief Financial Officer and Treasurer of Champion Homes (ticker: SKY), was granted two equity awards on March 25, 2026. Each award was for 7,842 restricted stock units (totaling 15,684 RSUs/PRSUs) with a $0 per-share grant price. These were awards (not purchases or sales) and do not reflect any cash paid by the insider.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely).
• Awards: two grants of 7,842 RSUs/PRSUs each, total 15,684 units; grant price reported as $0.00.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote F1 (PRSUs): Performance-based RSUs — 60% tied to relative total shareholder return (Mar 25, 2026–Mar 25, 2029) versus peers, and 40% tied to market share of single-family completions as of Jan 31, 2029. Payout can be up to 200% of target and vesting requires continued service through vesting dates.
• Footnote F2 (RSUs): Time-based RSUs — vest in one-third increments on each of the first three anniversaries of the grant, subject to continued employment.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.

Context

• PRSUs are performance-based awards that convert to shares only if performance metrics are met; RSUs convert to shares as they vest over time. Neither type represents immediately tradable shares until vesting and issuance.
• Because these are grants (not sales or open-market purchases), they do not directly signal insider buying or selling behavior; they are part of executive compensation and retention.