Nino Matthew A 4
4 · CAVCO INDUSTRIES, INC. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Cavco (CVCO) President Matthew A. Nino Receives RSU Award
What Happened
Matthew A. Nino, President (Retail) of Cavco Industries (CVCO), was granted restricted stock units (RSUs) on 2026-05-18. The filing shows: 979 RSUs reported at $458.11 per share (total value $448,490) and an additional 264 shares reported at $0.00 (acquired). To satisfy tax withholding on the RSU release, 242 shares were surrendered (disposed) at $458.11 per share for a reported value of $110,863. These were awards and tax-withholding actions, not open-market purchases or sales.
Key Details
- Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (appears timely).
- Awards: 979 RSUs @ $458.11 (value $448,490) and 264 shares @ $0.00 (acquired).
- Tax withholding: 242 shares surrendered @ $458.11 (value $110,863) to cover taxes.
- Shares owned after transaction: not specified in the information provided on the filing.
- Footnotes: F1 = RSUs vest 33%/33%/34% over three years; F2 = release of FY2024 performance-based restricted stock; F3 = surrendered shares used to pay tax withholding.
Context
- These were compensation awards (RSU release) rather than market purchases or discretionary sales. RSUs vest over time per F1, so the grant is compensation, not necessarily a direct bullish signal.
- The surrender of shares to cover taxes is routine when RSUs vest (a cashless withholding-type action).
Insider Transaction Report
Form 4
Nino Matthew A
President, Retail
Transactions
- Award
Common Stock
[F1]2026-05-18+264→ 1,871 total - Award
Common Stock
[F2]2026-05-18$458.11/sh+979$448,490→ 2,850 total - Tax Payment
Common Stock
[F3]2026-05-18$458.11/sh−242$110,863→ 2,608 total
Footnotes (3)
- [F1]This is an award of Restricted Stock Units which will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
- [F2]Release of FY2024 Performance-based Restricted Stock.
- [F3]Surrender of shares for payment of tax withholding on release of Restricted Stock Units.
Signature
/s/ Seth G. Schuknecht, attorney-in fact|2026-05-20