Boydston Cory Jacobs 4
Research Summary
AI-generated summary
Builders FirstSource Director Cory Jacobs Receives 409-Share Award
What Happened
Cory Jacobs, a director of Builders FirstSource, was awarded 409 shares on 2026-06-01 at an implicit price of $76.26 per share, totaling $31,190. This transaction is an award/acquisition (code A) — shares issued in lieu of cash compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
- Price per share reported: $76.26; shares acquired: 409; aggregate value: $31,190.
- Shares owned after the transaction: not specified in the filing.
- Footnote: acquisition reflects shares issued in lieu of cash director compensation under the Company’s 2026 Incentive Plan pursuant to the Amended and Restated Director Compensation Policy.
- Transaction type: Award/Grant (A). No 10b5-1 plan, cashless exercise, or tax-withholding details were disclosed.
Context
This was a routine director compensation award rather than a purchase or sale driven by trading decisions. Compensation-based grants align pay with company performance but are common and don’t by themselves signal insider buying or selling intent. No immediate sale of these shares was reported.