CAVCO INDUSTRIES, INC.·4

Feb 17, 4:50 PM ET

SCHUKNECHT SETH G 4

Research Summary

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Updated

Cavco (CVCO) EVP Seth Schuknecht Surrenders 44 Shares for Taxes

What happened

  • Seth G. Schuknecht, EVP and General Counsel of Cavco Industries (CVCO), surrendered 44 shares on Feb 13, 2026 to satisfy tax withholding on the release of Restricted Stock Units (RSUs). The shares were valued at $590.38 each for a total of $25,977. This was a tax-withholding disposition (transaction code F), not an open-market sale or a purchase.

Key details

  • Transaction date and price: Feb 13, 2026 — 44 shares at $590.38 each; total value $25,977.
  • Transaction type: Code F — surrender of shares to pay tax withholding on RSU release (cashless/tax-withholding disposition).
  • Shares owned after transaction: Not explicitly stated in the filing; filing notes include 975 shares underlying RSUs that are allocated but not yet vested or delivered (see footnote).
  • Footnotes: F1 — surrender of shares for payment of tax withholding on RSU release; F2 — includes 975 shares underlying RSUs allocated but not yet vested/delivered.
  • Filing: Report filed Feb 17, 2026 (appears timely relative to the Feb 13 transaction).

Context

  • This was a routine tax-withholding action tied to RSU vesting (a common administrative disposition), not a discretionary market sale that would necessarily signal insider sentiment. The filing indicates the presence of additional RSUs (975 shares) that remain allocated but unvested.