This is a routine amendment to disclose previously undetermined compensation. No material read-through for the stock. Monitor the Q4 2026 earnings call for any commentary on operational strategy under the new COO.
Price Chart
Executive Summary
Builders FirstSource filed an amended 8-K to disclose the compensation package for Mike Hiller, who was previously announced as COO-Designate. The filing details a $675,000 base salary, 125% target bonus, and a $700,000 RSU grant for Hiller, along with a transition advisory role and accelerated equity vesting for outgoing COO Steve Herron. This is a routine compensatory disclosure with no material financial impact on the company.
Key Facts
- Mike Hiller appointed COO-Designate effective May 18, 2026, succeeding Steve Herron as COO effective December 31, 2026.
- Compensation Committee approved Hiller's package on October 14, 2026: $675,000 base salary, 125% target bonus, and $700,000 time-based RSU grant vesting over three years.
- Steve Herron will serve as Special Advisor from January 1, 2027 through March 31, 2027, receiving a monthly fee of $20,833.34.
- Herron's unvested time-based RSUs will fully vest upon completion of his advisory service; performance-based RSUs will vest pro rata based on actual performance.
Financial Impact
Compensation for two executives: Hiller's annual cash compensation of $675,000 salary plus up to $843,750 target bonus, plus $700,000 RSU grant; Herron's advisory fees of $62,500 total over three months. Immaterial relative to company size.
Risk Factors
- No material risks identified from this filing.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K/A Filing (Primary) | 0001193125-26-424245 |
| Document: 0001193125-26-424245-index-headers.html | 0001193125-26-424245 |
| Document: 0001193125-26-424245-index.html | 0001193125-26-424245 |
| Document: 0001193125-26-424245.txt | 0001193125-26-424245 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 today | SC 13G | $63.62 | awaiting T+1 | awaiting T+1 | $64.91 (+2.03%) |
Oct 30, 2026 today | SC 13G/A | $63.93 | awaiting T+1 | awaiting T+1 | $64.91 (+1.53%) |
Oct 29, 2026 1d ago | 8-K | $57.09 | awaiting T+1 | awaiting T+1 | $64.91 (−13.70%) |
Oct 27, 2026 2d ago | Institutional Cluster | $55.88 $63.06 | ▲ +12.85% | ▲ +13.23% | $64.91 (+16.16%) |
Oct 22, 2026 7d ago | Institutional Cluster | $56.85 $56.21 | ▲ +1.13% | ▲ +1.84% | $64.91 (−14.18%) |
Oct 16, 2026 13d ago | 8-K/A | $52.95 $53.92 | ▲ +1.83% | ▲ +1.50% | $64.91 (+22.59%) |
Oct 5, 2026 25d ago | SC 13G/A | $55.63 $56.22 | ▲ +1.06% | ▲ +0.51% | $64.91 (+16.68%) |
Jul 30, 2026 13w ago | 8-K | $66.01 $66.44 | ▼ −0.65% | ▲ +0.05% | $64.91 (+1.67%) |
May 18, 2026 23w ago | 8-K | $66.39 $71.23 | ▲ +7.29% | ▲ +6.25% | $64.91 (−2.23%) |
Apr 30, 2026 26w ago | 8-K | $79.09 $75.72 | ▲ +4.26% | ▲ +4.48% | $64.91 (+17.93%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers