MCGOWAN CHRISTOPHER J 4

What Happened

• Christopher J. McGowan, a director of Boise Cascade Company (BCC), was granted 1,813 restricted stock units (RSUs) on March 1, 2026. The grant was reported at an acquisition price of $0.00, so the transaction value recorded on the Form 4 is $0.
• This is an award (not a purchase or sale). The RSUs are contingent rights to receive shares and do not represent immediately tradable stock.

Key Details

• Transaction date and price: 2026-03-01; 1,813 RSUs @ $0.00 each (total $0 reported).
• Vesting / delivery: Footnote indicates each RSU converts to one share and vests/becomes deliverable on March 1, 2027.
• Shares owned after transaction: Not specified in the filing.
• Timing: Form 4 filed 2026-03-03 for a 2026-03-01 transaction; this appears to be filed within the standard SEC Form 4 reporting window (timely).
• No 10b5-1 plan, tax-withholding, or sale-on-vesting details provided in the filing.

Context

• RSU grants are compensation awards. They differ from open-market purchases or sales because they represent future potential shares contingent on vesting rather than immediate investment by the insider.
• Until the RSUs vest and are delivered as shares, they typically cannot be sold; therefore this grant does not indicate immediate buying or selling activity.