Jorgensen Nate 4

What Happened

• Nate Jorgensen, CEO and Director of Boise Cascade Company (BCC), had shares withheld to cover taxes on vested awards and also received a small RSU award. On 2026-03-01, 23,829 shares and 10,442 shares were disposed (withheld) at $82.74 per share to satisfy tax obligations — total proceeds/withholding value of $1,971,611 and $863,971 respectively (combined $2,835,582). On 2026-03-03 he was reported as acquiring 1,813 shares via an award at $0.00 (RSUs).

Key Details

• Transactions/dates:
  • 2026-03-01: 23,829 shares withheld @ $82.74 = $1,971,611 (tax withholding; disposition)
  • 2026-03-01: 10,442 shares withheld @ $82.74 = $863,971 (tax withholding; disposition)
  • 2026-03-03: 1,813 shares granted/acquired @ $0.00 = $0 (award/RSU)
• Total shares withheld for taxes: 34,271; total withholding value: $2,835,582 (approx. $2.84M).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1/F2 indicate shares were withheld to pay taxes on vested performance- and restricted-stock units; F3 notes each RSU represents a right to one share and vests (becomes deliverable) on March 1, 2027.
• Filing: Report filed 2026-03-03 covering transactions on 2026-03-01/03 — no late filing flag indicated in the provided information.

Context

• These dispositions are tax-withholding events tied to vested awards (routine and not open-market sales) rather than discretionary stock sales; such withholdings are common when equity awards vest.
• The 1,813 shares reported as acquired are restricted stock units (RSUs) that, per the footnote, vest and will be deliverable on 2027-03-01 — this is a grant/award, not an immediate market purchase.