KERLEY RICHARD A 4

What Happened
Richard A. Kerley, a director of Cavco Industries, reported the sale of 500 common shares on June 9, 2026. The shares were sold at $588.76 each for a total transaction value of $294,380. This was a sale (transaction code S), which is often routine insider liquidity rather than a direct signal about company fundamentals.

Key Details

• Transaction date and price: June 9, 2026 — 500 shares at $588.76 per share; total $294,380.
• Transaction type: Reported as an open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing date / timeliness: Form 4 filed June 11, 2026 (two days after the transaction), which appears timely under the two-business-day reporting requirement.
• Notable footnotes: None provided in the information supplied.

Context
Insider sales can occur for many reasons (liquidity needs, portfolio rebalancing, tax planning, scheduled plans) and a single reported sale by a director does not, by itself, indicate a change in company prospects. Retail investors should consider this alongside other insider activity, company fundamentals, and broader market information.