Champion Homes (NYSE: SKY) CAO receives 3,604 stock-based compensation units
Rhea-AI Filing Summary
Kingston Timothy M. reported acquisition or exercise transactions in this Form 4 filing.
Champion Homes, Inc. disclosed that Chief Accounting Officer Timothy M. Kingston received equity-based compensation in the form of stock units. On March 25, 2026, he was granted a total of 3,604 shares at no cost, bringing his reported direct holdings to 3,604 shares.
One 1,802-share grant consists of performance-based restricted stock units, which can vest from 0% to 200% based 60% on total shareholder return from March 25, 2026 through March 25, 2029, and 40% on market share of single-family completions as of January 31, 2029, subject to continued service. The other 1,802-share restricted stock unit grant vests in three equal annual installments on the first three anniversaries of the grant date, subject to continued employment or the equity plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,802 | $0.00 | -- |
| Grant/Award | Common Stock | 1,802 | $0.00 | -- |
Footnotes (1)
- Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan. Each PRSU represents the contingent right to receive one share of Common Stock. Subject to the terms of the award agreement evidencing the grant of the PRSUs, vesting of a percentage of the PRSUs (including up to 200%) is 60% dependent on the total shareholder return of Issuer from March 25, 2026 through March 25, 2029 relative to the total shareholder return of certain other companies over that same time period, and 40% dependent on the market share of single family completions of Issuer as of January 31, 2029, provided that the Reporting Person remains in continuous service with the Issuer through each vesting date. Represents a restricted stock unit ("RSUs") granted to the Reporting Person under the Issuer's 2018 Equity Incentive Plan (the "Plan"). The RSUs vest in one-third increments on each of the first three anniversaries of the grant date, subject to continued employment or as otherwise provided in the Plan or the applicable form of RSU Award Agreement.