BRANDOM JACK S 4

What Happened Jack S. Brandom, President, Financial Services of Cavco Industries (CVCO), received an award of 132 restricted stock units (RSUs) on 2026-05-18. The Form 4 reports the grant at $0.00 per unit (total reported value $0) because this is a compensation grant rather than an open-market purchase. The RSUs will convert into shares of common stock according to the vesting schedule below.

Key Details

• Transaction date and type: 2026-05-18 — Award/Grant (code A) of 132 RSUs at $0.00 per unit.
• Vesting: 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant date (per footnote F1).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Reported to the SEC on 2026-05-20 — filed within the standard two-business-day window after the transaction.
• Footnote: F1 explains the RSU payout schedule; no 10b5-1 plan, tax-withholding, or cashless sale noted in this filing.

Context This is a standard equity compensation award intended for retention and aligns compensation with company performance over time. Because RSUs vest over multiple years, they do not represent an immediate market purchase or sale and do not necessarily signal near-term insider sentiment.