Achille John Frank 4
Research Summary
AI-generated summary
TopBuild President Achille Frank Receives 3,116-Share Award
What Happened Achille John Frank, President and COO of TopBuild Corp (BLD), received a grant/award of 3,116 shares on April 1, 2026. The award is reported at $369.16 per share, with a total reported value of approximately $1,150,303. This was an equity award (not an open-market buy or sale).
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely — within the standard 2-business-day window).
- Award: 3,116 shares at $369.16 per share; total value ≈ $1,150,303.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: These time-based shares vest concurrently and on the same cadence and terms as the time-based shares granted on February 17, 2026.
- F2: The reported amount reflects tax withholding and performance-share achievement on vesting.
- Transaction code: A (award/grant). No 10b5-1 plan, sale, or option exercise reported in this filing.
Context This is an equity award that appears tied to time-based vesting (and linked to a prior February 17 grant cadence) and reflects adjustments for tax withholding and performance achievement at vesting. Awards like this are a routine form of executive compensation and do not by themselves indicate the insider is buying or selling stock in the open market.