CIRA BRIAN R 4
4 · CAVCO INDUSTRIES, INC. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Cavco (CVCO) President Brian R. Cira Receives RSU Award
What Happened
- Brian R. Cira, President (Manufactured Housing) of Cavco Industries (CVCO), received equity awards on 2026-05-18 consisting of: 1,370 restricted stock units (RSUs) valued at $458.11 each (total $627,611) and 308 shares released from performance-based restricted stock (reported at $0). He also surrendered 368 shares to satisfy tax withholding obligations (disposed at $458.11, proceeds $168,584). Net result: a net increase of 1,310 shares from these transactions.
Key Details
- Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (within the typical 2-business-day filing window).
- Prices and values reported:
- 308 shares @ $0.00 (release of prior performance-based restricted stock).
- 1,370 RSUs @ $458.11 (acquired) = $627,611.
- 368 shares surrendered @ $458.11 (disposed) = $168,584 (tax withholding).
- Shares owned after the transactions: not specified in the provided filing data.
- Footnotes:
- F1: The 1,370-share award are RSUs that vest 33%/33%/34% over three years.
- F2: The 308 shares are the release of FY2024 performance-based restricted stock.
- F3: 368 shares were surrendered to cover tax withholding on RSU release.
- Transaction codes: A = Award/Grant/Acquisition; F = Payment of exercise price or tax liability (here, tax withholding).
Context
- These transactions are compensation-related (awards and tax withholding), not open-market buys or discretionary sales. RSUs vest over time per the footnote, so this reflects standard executive compensation rather than an immediate market bet.
- Surrendering shares to cover taxes is a routine administrative action and does not necessarily reflect sentiment about the company's stock.
Insider Transaction Report
Form 4
CIRA BRIAN R
President,Manufactured Housing
Transactions
- Award
Common Stock
[F1]2026-05-18+308→ 3,345 total - Award
Common Stock
[F2]2026-05-18$458.11/sh+1,370$627,611→ 4,715 total - Tax Payment
Common Stock
[F3]2026-05-18$458.11/sh−368$168,584→ 4,347 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