BRANDOM JACK S 4
4 · CAVCO INDUSTRIES, INC. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
CAVCO (CVCO) President Jack S. Brandom Surrenders 12 Shares for Taxes
What Happened Jack S. Brandom, President, Financial Services at Cavco Industries (CVCO), surrendered 12 shares on May 20, 2026 to satisfy tax withholding related to the release of restricted stock units. The shares were valued at $495.11 each, totaling $5,941. This was a tax-withholding disposition (not an open-market sale or a purchase).
Key Details
- Transaction date and price: May 20, 2026 — 12 shares at $495.11 per share (total $5,941).
- Transaction type/code: F — surrender of shares for tax withholding on RSU release.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — surrender of shares for payment of tax withholding on release of Restricted Stock Units.
- Filing: Report filed May 22, 2026 (appears timely; filed within two business days of the transaction).
Context This was a routine tax-withholding event tied to vested RSUs (a cashless surrender of shares) rather than a discretionary sale or purchase that might signal the insider's view on the stock. Such withholdings are common when restricted awards vest and generally reflect tax obligations, not trading intent.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-20$495.11/sh−12$5,941→ 1,365 total
Footnotes (1)
- [F1]Surrender of shares for payment of tax withholding on release of Restricted Stock Units.