Short answer
Builders FirstSource (BLDR) filed an 8-K current report with the SEC on May 18, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders), Item 7.01 (Regulation FD Disclosure). Planned COO succession: Mike Hiller becomes COO-Designate immediately and COO on December 31, 2026.
Builders FirstSource 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Planned COO succession: Mike Hiller becomes COO-Designate immediately and COO on December 31, 2026
- Steve Herron retiring after over 15 years, including COO since March 2023
- Hiller brings over 20 years in building products and prior operational leadership as Central Division president
- Coley O’Brien becomes Chief Human Resources Officer, joining from The Wendy’s Company
Item 5.07 · Submission of Matters to a Vote of Security Holders
- 88.20% voting participation, with 97,557,384 shares represented at the annual meeting
- All six director nominees elected, though Craig Steinke faced strongest opposition with 12,364,061 votes against
- Executive compensation received strong advisory support, with 86,126,013 votes for and 2,333,519 against
- PwC appointment ratified for 2026, despite 4,333,634 votes against
- 2026 Equity Incentive Plan and Employee Stock Purchase Plan approved, expanding shareholder-authorized employee equity programs
Item 7.01 · Regulation FD Disclosure
- May 18, 2026 news release announced a previously disclosed leadership transition
- Exhibit 99.1 contains transition details and potential succession implications for investors
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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