Narayan Gayatri 4
Research Summary
AI-generated summary
Builders FirstSource (BLDR) Narayan Gayatri Receives Award - 2,842 Shares
What Happened
- Narayan Gayatri, President — Tech & Digital of Builders FirstSource (BLDR), had 2,842 shares withheld to satisfy tax withholding on vested restricted stock units. The filing shows a per-share value of $77.77, for a total of about $221,022. The transaction is reported as code F (payment of tax liability via share withholding).
Key Details
- Transaction date: 2026-06-13; Filing date: 2026-06-16 (appears timely).
- Price per share: $77.77; Total value: ~$221,022.
- Shares withheld/disposed: 2,842.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — Shares were withheld to pay tax withholding requirements on vesting of previously granted restricted stock units.
- Transaction code: F (tax withholding on RSU vesting), not an open-market sale or purchase.
Context
- This is a routine tax-withholding transaction tied to RSU vesting (often called a "sell to cover" or share withholding). It reflects the company withholding a portion of vested shares to cover the insider’s tax obligation and should not be interpreted the same way as a voluntary open-market sale or purchase.