SCHUKNECHT SETH G 4

What Happened

• Seth G. Schuknecht, EVP and General Counsel of Cavco Industries (CVCO), was reported on May 18, 2026 as receiving RSU-related shares. The filing shows two awards/acquisitions: 461 shares reported at $0.00 (new RSU award) and 814 shares acquired at $458.11 each (valued at $372,902). To cover withholding, 341 shares were surrendered (disposed) at $458.11 for $156,216. Net new shares acquired on the record date = 1,275 granted/issued minus 341 surrendered = 934 shares.

Key Details

• Transaction date: 2026-05-18; Form 4 filed 2026-05-20 (appears timely).
• Prices/values: vested/issued shares valued at $458.11 each; 814 × $458.11 = $372,902; 341 shares withheld × $458.11 = $156,216.
• Transaction codes: A = Award/Grant/Acquisition; F = Tax withholding (surrender of shares).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = new RSU grant vests 33%/33%/34% over 3 years; F2 = release of FY2024 performance-based restricted stock; F3 = shares surrendered to cover tax withholding.

Context

• These were RSU grants/releases, not open-market purchases or sales of newly acquired shares for investment—awards and tax-withholding surrenders are common compensation events and do not by themselves signal insider buying intent. The 814-share release was performance-based; the 461-share line reflects a time‑based RSU award that vests over three years.