BIGBEE PAUL 4

What Happened

• Paul Bigbee, Chief Accounting Officer of Cavco Industries (CVCO), surrendered 27 shares at $592.76 each (total value $16,005) on June 12, 2026 to satisfy tax withholding associated with the release of restricted stock units (RSUs). This was a share surrender for taxes, not an open-market sale or purchase.

Key Details

• Transaction date and price: June 12, 2026 — 27 shares at $592.76 per share (total ~$16,005).
• Transaction type: Code F — shares surrendered/withheld for tax obligations on RSU vesting (not a market sale).
• Shares owned after transaction: The filing does not state total common shares owned; footnote indicates 367 shares underlying RSUs are allocated but not yet vested/delivered.
• Footnotes from the filing:
  • F1: Surrender of shares for payment of tax withholding on release of Restricted Stock Units.
  • F2: Includes 367 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
• Filing timeliness: Form 4 was filed on June 15, 2026, and appears timely (filed within required reporting window).

Context

• This was a routine tax-withholding transaction tied to RSU vesting (a common administrative step). It does not reflect an open-market sale that would signal a change in market sentiment, nor is it a new purchase. Retail investors typically view such share surrenders as administrative rather than informative about the insider’s investment outlook.