CIRA BRIAN R 4

What Happened Brian R. Cira, President of Manufactured Housing at CAVCO Industries (CVCO), surrendered 26 shares on 2026-05-20 to satisfy tax withholding related to the release of restricted stock units (RSUs). The shares were valued at $495.11 each, for a total of approximately $12,873. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-22 (filed timely).
• Price per share: $495.11; Shares surrendered/disposed: 26; Total value: ~$12,873.
• Transaction code: F — payment of exercise price or tax liability.
• Footnote: F1 — shares were surrendered specifically to cover tax withholding on the release of RSUs.
• Shares owned after transaction: not disclosed in the filing.

Context Surrendering shares to cover tax withholding on RSU vesting is a common, routine administrative action and does not necessarily indicate the insider's view on the company's stock. This was a cashless-like withholding transaction (shares retained/surrendered for taxes), not an open-market sale or new purchase.