Machado Luis Francisco 4

What Happened

• Luis Francisco Machado, TopBuild’s Vice President, General Counsel and Corporate Secretary, was granted stock awards on February 17, 2026. The filing shows three award transactions totaling 1,570 shares at $545.06 per share (628 shares = $342,298; 471 shares = $256,723; 471 shares = $256,723), with an aggregate value of approximately $855,744.
• These are awards (transaction code A), not open-market purchases or sales — commonly compensation rather than a directional insider trade.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-18 (timely).
• Price per share reported: $545.06.
• Total shares granted: 1,570; total reported value: ~$855,744.
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes in the filing:
  • F1: Time-based shares vest in three equal annual installments beginning on or about the first anniversary of the grant.
  • F2: Performance shares vest on or about the third anniversary, contingent on performance metrics with payout ranging from 0% to 200%.
• No indication in the filing of a 10b5-1 plan, tax-withholding sale, or late filing.

Context

• Award grants are typically part of executive compensation and may be subject to multi-year vesting and performance conditions; they do not necessarily indicate immediate buying or selling intent by the insider.
• Performance-based shares can result in 0%–200% payout depending on metrics, so the eventual number of shares that vest could differ materially from the grant amount.