January 5, 2024 · Form 4 insider transaction
Hough Laurie M. bought 3,574 shares of Champion Homes, Inc. at $68.98 per share, a transaction worth $246.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
The amount of securities owned reflects the incremental vesting of a portion of performance based restricted stock units (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 ofthe PRSUs, upon the Compensation Committee certification of the achievement of the performance goals on January 5, 2024, the PRSUs vested at 150% of the initial target award based upon the total shareholder return from January 4, 2021 through January 4, 2024 relative to the total shareholder return of certain designated companies over that same time period.