SCHUKNECHT SETH G 4
4 · CAVCO INDUSTRIES, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
CAVCO EVP Seth Schuknecht Surrenders 54 Shares for Tax Withholding
What Happened Seth G. Schuknecht, EVP and General Counsel of CAVCO Industries (CVCO), surrendered 54 shares on 2026-05-20 to cover tax withholding related to the release of restricted stock units. The shares were valued at $495.11 each, for a total of $26,736. This was a tax-withholding surrender (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-20; Form filed: 2026-05-22 (timely filing).
- Shares surrendered/disposed: 54 shares at $495.11 per share; total ≈ $26,736.
- Transaction code: F — tax withholding for RSU release (footnote: "Surrender of shares for payment of tax withholding on release of Restricted Stock Units").
- Shares owned after transaction: not specified in the provided filing.
Context Surrendering shares to cover withholding on vested RSUs is a routine administrative step and does not necessarily signal a change in the insider’s view of the company. This transaction is distinct from a sale on the open market; it simply satisfies tax obligations associated with equity compensation.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-20$495.11/sh−54$26,736→ 1,928 total
Footnotes (1)
- [F1]Surrender of shares for payment of tax withholding on release of Restricted Stock Units.