Kuhns Robert M 4
Research Summary
AI-generated summary
TopBuild (BLD) CFO Robert Kuhns Receives Stock Award
What Happened
- Robert M. Kuhns, Vice President and Chief Financial Officer of TopBuild (BLD), was granted stock awards on 2026-02-17. The grants consist of 1,083 shares ($545.06/share, $590,300) and two grants of 812 shares each ($545.06/share, $442,589 each), for a total of 2,707 shares valued at approximately $1,475,478. These were awards/grants (transaction code A), i.e., compensation, not open‑market purchases or sales.
Key Details
- Transaction date and price: 2026-02-17 at $545.06 per share.
- Grants and values: 1,083 shares ($590,300); 812 shares ($442,589); 812 shares ($442,589). Total ≈ $1,475,478.
- Vesting notes: some shares are time‑based (vest in three equal annual installments starting ~1 year after grant) and some are performance‑based (vest ~3 years after grant contingent on performance metrics with 0%–200% payout).
- Shares owned after the transaction: not specified in the supplied filing details.
- Filing timeliness: Form 4 was filed on 2026-02-18 for a 2026-02-17 grant (appears timely under the Form 4 reporting window).
Context
- These awards are compensation; they are typically subject to vesting and, in the case of performance shares, to achievement of targets—so they do not indicate an immediate market purchase or sale.
- For retail investors, newly granted (unvested) shares primarily reflect company compensation practices rather than an immediate insider market view.