4Filed Aug 2, 8:00 PM ET

Champion Homes (SKY) Director Michael Berman Receives RSU Award

$SKY · Champion Homes, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Champion Homes (SKY) Director Michael Berman Receives RSU Award

What Happened

  • Michael Berman, a director of Champion Homes, received an award of 1,867 restricted stock units (RSUs) on July 30, 2026. The Form 4 reports the acquisition at $0 (grant of units, transaction code A). Each RSU represents the contingent right to one share of common stock upon vesting.

Key Details

  • Transaction date: 2026-07-30; Form 4 filed 2026-08-03 (timely within the 2-business-day reporting window).
  • Transaction type/code: Award/Grant (A).
  • Shares/units granted: 1,867 RSUs; acquisition price reported as $0.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote (F1): RSUs vest in full on the earlier of the first anniversary of the Vesting Commencement Date or the 2027 Annual Meeting of Shareholders, provided Berman remains in continuous service through the vesting date.
  • No 10b5-1 plan, tax-withholding sale, or immediate sale reported.

Context

  • RSU grants are compensation awards, not open-market purchases or sales. They convert to shares only upon vesting, so this grant does not immediately change share float or indicate immediate buying/selling by the director.
  • For investors, grants can reflect standard director compensation rather than a directional bet on the stock; they are primarily a retention/incentive mechanism.