January 4, 2025 · Form 4 insider transaction
Hough Laurie M. sold 1,702 shares of Champion Homes, Inc. at $90.43 per share, a transaction worth $153.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
The amount of securities owned reflects the forfeiture of a portion of PRSUs previously granted to the Reporting Person under the 2018 Equity Incentive Plan of Issuer and reported as owned directly at the target (100%) level. Pursuant to the terms of the award agreement evidencing the grant of the PRSUs, upon the Compensation Committee certification of the achievement of the performance goals on January 4, 2025, the PRSUs vested at 72.7% of the initial grant based upon the total shareholder return and market share of the issurer for the performance period ended January 4, 2025 relative to the total shareholder return and market share of certain designated companies over that same time period, and the PRSUs that did not vest were forfeited.