ADEN ALLISON 4

What Happened
Aden Allison, EVP, CFO & Treasurer of Cavco Industries (CVCO), sold 1,473 shares on June 25, 2026 at $625.00 per share, generating proceeds of $920,625. The sale was executed as a series of transactions at the same price and reported on a Form 4 filed June 26, 2026. This was a sale (not a purchase) and thus generally considered routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date and price: June 25, 2026 — 1,473 shares sold at $625.00 each.
• Total proceeds: $920,625.
• Shares owned after transaction: the filing does not state a single total; it notes 2,249 shares underlying Restricted Stock Units (RSUs) are allocated but not yet vested/delivered.
• Notable footnotes:
  • The sale was automatic under a Rule 10b5-1 trading plan adopted November 26, 2025 and was non-discretionary (F1). The plan had 319 shares remaining available to sell and will terminate automatically on July 3, 2026 if not earlier.
  • The filing discloses 2,249 unvested RSUs included in beneficial ownership (F2).
• Timeliness: Form 4 was filed the business day after the transaction (filed June 26, 2026 for a June 25 transaction), consistent with timely reporting requirements.

Context
The trade was executed under a pre-established Rule 10b5-1 plan, meaning the sale was planned in advance and not an ad hoc decision by the insider. For retail investors, purchases by insiders are often stronger signals of conviction than routine sales; 10b5-1 sales are commonly used for scheduled liquidity and tax planning and do not necessarily reflect the insider’s current view of the company.