CAVCO Chief Accounting Officer Paul Bigbee Surrenders 25 Shares

What Happened

• Paul Bigbee, Chief Accounting Officer of Cavco Industries (CVCO), surrendered 25 shares to satisfy tax withholding related to the release of restricted stock units (RSUs). The shares were valued at $495.11 each, totaling $12,377.75 (reported as $12,378).
• This was a tax-withholding/settlement action (not an open-market sale or a purchase) and is generally a routine administrative transaction following an equity award vesting.

Key Details

• Transaction date and price: May 20, 2026 — 25 shares at $495.11 per share.
• Total value surrendered: $12,377.75 (rounded in filing to $12,378).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were surrendered to pay tax withholding on release of Restricted Stock Units (RSUs).
• Filing timeliness: Report filed on May 22, 2026 (timely under Form 4 reporting rules).

Context

• This was a tax-withholding transaction (code F), commonly executed when RSUs vest; the company withholds or the insider surrenders shares to cover tax obligations. It does not represent an open-market sale expressing investment view.