ADEN ALLISON 4

What Happened

• Aden Allison, EVP, Chief Financial Officer and Treasurer of Cavco Industries (CVCO), disposed of 1,208 shares in an open-market sale at $600.00 per share on June 12, 2026, generating $724,800.
• In the same reporting period, 27 shares were surrendered to cover tax withholding on the release of Restricted Stock Units (RSUs) at $592.76 per share, valued at $16,005. Combined proceeds/consideration across both actions equal $740,805.
• These were sales/surrenders (not purchases); the 1,208-share sale was automatic under a pre-established Rule 10b5-1 plan rather than an ad hoc, discretionary sale.

Key Details

• Transaction date: June 12, 2026. Sale price: $600.00 for 1,208 shares (S). Tax withholding: 27 shares at $592.76 (F).
• Shares owned after transaction: not specified in the excerpt provided; the filing notes 2,249 shares underlying RSUs are allocated but not yet vested/delivered.
• Footnotes of note:
  • The 1,208-share sale was executed under a Rule 10b5-1 trading plan adopted Nov 26, 2025; the plan has 1,792 shares remaining available to sell and automatically terminates on July 3, 2026 (if not exhausted earlier).
  • The 27-share disposition was a surrender to satisfy tax withholding upon RSU release.
• Filing timeliness: Form filed June 15, 2026 for a June 12 transaction; this filing appears timely (within SEC business-day reporting requirements).

Context

• The 10b5-1 plan indicates the primary sale was prearranged and automatic, which is a common mechanism executives use to sell shares without discretionary trading decisions at the time of sale.
• The 27-share surrender was for tax withholding on RSU vesting and does not reflect a market sentiment decision.
• Sales by executives are routine and do not, by themselves, indicate company performance or insider conviction; purchases are typically more informative about bullish insider views.