ADEN ALLISON 4

What Happened
Aden Allison, EVP, CFO & Treasurer of Cavco Industries (CVCO), received a mix of restricted stock awards on 2026-05-18 totaling 5,054 shares. That includes a grant of 3,913 RSUs valued at $458.11 each (total value $1,792,584) and the release of 1,141 performance-based restricted shares (reported at $0.00). To cover tax withholding on the release, 1,894 shares were surrendered (disposed) at $458.11/share, valued at $867,660. Net shares delivered to Allison after withholding were about 3,160 shares.

Key Details

• Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (appears timely).
• Grants/awards: 3,913 RSUs @ $458.11 (value $1,792,584); 1,141 performance shares reported at $0.00 (release of FY2024 performance-based restricted stock).
• Tax withholding: 1,894 shares surrendered at $458.11/share (value $867,660) to satisfy tax liabilities. Transaction code F = tax withholding; A = award/grant.
• Vesting/settlement: The RSU award is subject to time-based vesting (33%/33%/34% over three years) per footnote.
• Shares owned after the transaction: Not provided in the excerpt — see the full Form 4 for total post-transaction holdings.

Context
These transactions are award/vesting-related, not open-market purchases or sales — common executive compensation events. The surrender of shares to cover taxes is routine and does not necessarily indicate a change in insider sentiment.