McMaken Kurt B., the Executive Vice President and Chief Financial Officer, has filed 55 Form 4 transactions across two companies, with the entirety of the reported activity concentrated in compensation-related events rather than open-market trading. The aggregate value of acquired shares totals approximately $4.2 million, while there are zero open-market purchases or sales, indicating that all of McMaken’s reported activity stems from automatic or issuer-driven mechanisms. The filings show no recent buy or sell transactions under the “P” or “S” codes, which are the only designations that reflect discretionary conviction in the market.
The bulk of the activity centers on BCO, with a series of “A” code grants and awards occurring on a near-monthly cadence from late 2025 through mid-2026. These grants range in value from roughly $1,100 to $3.9 million, with the largest single award of $3,934,584.56 recorded on February 18, 2026. That same date also saw a corresponding “F” code tax-withholding transaction valued at $1,691,294.96, a mechanical deduction tied to the vesting or settlement of equity. Additional “F” transactions in March 2026, totaling approximately $271,700, follow the same pattern of shares withheld to cover tax obligations. A single “A” grant of $74,348.31 on March 31, 2026, stands out as a separate, larger award outside the routine monthly grants.
The only non-BCO filing is a zero-value “A” grant for DD on May 21, 2026, which carries no monetary amount and likely represents a nominal or symbolic award. Across the entire dataset, there is no evidence of a directional bet by McMaken: no purchases, no sales, and no option exercises. The pattern is purely administrative, reflecting scheduled equity compensation and the associated tax withholding, with no signal of insider conviction in either direction.
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