Covington Alec C 4

What Happened Alec C. Covington, a director of TopBuild Corp (BLD), was granted 343 shares on April 27, 2026. The award is recorded at $445.78 per share for a total grant value of approximately $152,903. This was an equity award (grant), not an open-market purchase or sale, and does not represent an immediate cash transaction.

Key Details

• Transaction date: April 27, 2026; Report filed: April 28, 2026 (timely filing).
• Grant details: 343 shares × $445.78 per share = $152,902.54 (reported as $152,903).
• Vesting: All shares vest on April 26, 2027 (footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Transaction type code: A (award/grant). No 10b5-1 plan, tax withholding, or cashless exercise noted.

Context This was a restricted/share award that vests in one year; because the shares are not immediately vested, the grant is compensation-related and not a direct market signal like an open-market purchase or sale. As with most grants, the filing is informational about executive/director compensation rather than an indicator of immediate trading intent.