OTERO MADELINE 4

What Happened

• Madeline Otero, Vice President and Chief Accounting Officer of TopBuild Corp (BLD), was granted three equity awards on 2026-02-17 (reported on Form 4 filed 2026-02-18). The grants consist of 147 shares at $545.06 each (value $80,124) and two grants of 111 shares at $545.06 each (each valued at $60,502), for a total of 369 shares valued at approximately $201,128. These are reported as acquisitions (transaction code A — award/grant), i.e., company compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely filing).
• Grant price / reporting value: $545.06 per share.
• Grants: 147 shares ($80,124), 111 shares ($60,502), 111 shares ($60,502); total 369 shares (~$201,128).
• Shares owned after transaction: not specified in the filing.
• Footnotes included:
  • 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 based on achievement of performance metrics (0%–200% payout).
• Transaction code meaning: A = Award/Grant (compensation), not an open-market purchase or sale.

Context

• These awards are compensation-related and include time- and performance-based vesting, so the shares are likely subject to transfer restrictions until vesting and performance goals are met. Performance shares may pay out between 0% and 200% depending on achievement of targets. This filing documents receipt of the awards; it does not indicate any immediate sale or disposition of the shares.