Harrell Martin S. sold BECN
April 29, 2025 · Form 4 insider transaction
Harrell Martin S. sold 18,630 shares of Beacon Roofing Supply, Inc. at $124.35 per share, a transaction worth $2.32M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Pursuant to an Agreement and Plan of Merger dated as of March 20, 2025 (the "Merger Agreement") by and among Beacon Roofing Supply, Inc (the "Company"), QXO, Inc. ("QXO") and Queen MergerCo, Inc., a wholly owned subsidiary of QXO (the "Merger Sub"), the Merger Sub merged with and into the Company. Pursuant to the terms of the Merger Agreement, each share of Common Stock of the Company held by the Reporting Person was converted into the right to receive $124.35 in cash.; Amount includes 87 shares acquired under Beacon's 2023 Employee Stock Purchase Plan, which meets the requirements of Section 423 of the Internal Revenue Code, subsequent to the Reporting Person's last Table I disclosure.