Vance Todd 4
Research Summary
AI-generated summary
Builders FirstSource (BLDR) President Todd Receives RSU Award
What Happened
Vance Todd, President — East Division of Builders FirstSource (BLDR), was granted 3,366 restricted stock units on July 18, 2026. The units were issued at $0.00 (i.e., awarded, not purchased) and will convert to one share per RSU upon vesting. The immediate acquisition value is reported as $0; eventual value depends on BLDR’s share price when the RSUs vest.
Key Details
- Transaction date: 2026-07-18 (reported on Form 4 filed 2026-07-21, 2026 accession 0001193125-26-310380)
- Transaction type/code: Award/Grant (A) — 3,366 RSUs @ $0.00 (acquired)
- Vesting: RSUs vest in 33.3% increments on July 18 of 2027, 2028 and 2029 (footnote F1) and convert to one common share per RSU when vested
- Shares owned after transaction: Not disclosed in the filing
- Timeliness: Filed July 21, 2026 — appears timely (within the two business-day Form 4 filing window)
Context
This was an equity award (RSUs), not a market purchase or sale. RSU grants are compensation and do not necessarily signal immediate buying or selling intent; value is realized only as RSUs vest and convert to shares.