Champion Homes (SKY) VP sees 3,849 shares withheld for tax on PRSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Champion Homes, Inc. VP & Controller Timothy A. Burkhardt reported tax-related share dispositions tied to vesting performance-based restricted stock units. On March 25, 2026, a total of 3,849 shares of common stock were withheld at prices of $72.54 and $75.62 per share to cover tax liabilities. According to a footnote, the PRSUs vested at 63.3% of the initial grant under the 2018 Equity Incentive Plan, with the non-vested portion forfeited. After these tax-withholding transactions, Burkhardt directly holds 28,691 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Burkhardt Timothy A.
Role
VP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,369 | $72.54 | $172K |
| Tax Withholding | Common Stock | 312 | $75.62 | $24K |
| Tax Withholding | Common Stock | 1,168 | $72.54 | $85K |
Holdings After Transaction:
Common Stock — 30,171 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SKY executive Timothy Burkhardt report on this Form 4?
Timothy A. Burkhardt reported tax-withholding dispositions of common stock, not open-market sales. On March 25, 2026, 3,849 shares were delivered to cover tax liabilities arising from vesting performance-based restricted stock units under Champion Homes’ 2018 Equity Incentive Plan.
What does the 63.3% PRSU vesting mean in the SKY Form 4 footnote?
The footnote explains that performance-based RSUs granted under the 2018 Equity Incentive Plan vested at 63.3% of the original target amount. Upon the compensation committee’s certification of performance on March 25, 2026, unearned PRSUs were forfeited and only the earned portion vested.