Steinke Craig Arthur 4
Research Summary
AI-generated summary
Builders FirstSource (BLDR) Director Craig Steinke Receives 2,558 RSUs
What Happened
- Craig Arthur Steinke, a Director of Builders FirstSource (BLDR), was awarded 2,558 restricted stock units (RSUs) on May 14, 2026. The award is reported as an acquisition (Code A) at $0.00 per unit (total reported value $0).
- The filing (Form 4) was submitted on May 18, 2026 reporting the May 14 transaction.
Key Details
- Transaction date: 2026-05-14; Filing date: 2026-05-18.
- Shares/units granted: 2,558 RSUs; reported price: $0.00; reported value: $0.
- Vesting: RSUs vest on May 14, 2027 and convert one-for-one into common shares upon vesting (per footnote).
- Shares owned after transaction: Not specified in this Form 4.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or cashless exercise indicated in the filing.
Context
- RSUs are a form of compensation that convert to actual shares only upon vesting; this grant does not represent an immediate market purchase or sale and does not generate proceeds for the director today.
- Such awards are commonly used for long-term incentive pay for executives and directors; they are informational rather than a direct signal of near-term trading intentions.