Common stock, par value $0.01 per share
- Symbol
- BLDR
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 5.02 · 8-K/A
Builders FirstSource, Inc.
BLDRNYSEEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 18, 2026, Builders FirstSource, Inc.…
Company context
Builders FirstSource (NYSE: BLDR), headquartered in Irving, Texas, is a leading provider of building materials for professional builders in new residential construction and repair and remodeling. We deliver integrated homebuilding solutions by manufacturing, supplying, and installing a full range of structural and related building products. With approximately 575 locations across 43 states, we serve 48 of the top 50 and 91 of the top 100 Core Based Statistical Areas (CBSAs), ensuring broad geographic coverage and enhancing our ability to partner with our customers. Our leading network of strategically located manufacturing facilities produces factory-built roof and floor trusses, wall panels, vinyl windows, custom millwork and trim, manufactured and semi-custom modular homes, as well as engineered wood that we design and cut specifically for each home. We also assemble interior and exterior doors into pre-hung units for easy installation. Additionally, we distribute a wide range of building products, including lumber, sheet goods, windows, doors, millwork, and specialty items. Our services, which vary by market, include professional installation, turnkey framing, and shell construction. Supported by the latest construction innovations and digital solutions, we help drive greater efficiency across homebuilding. Learn more at www.bldr.com
Current securities
Registered securities in this filing
BUILDERS FIRSTSOURCE, INC. · 8-K/A · Filed 2026-10-16
Common stock, par value $0.01 per share
- Symbol
- BLDR
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 18, 2026, Builders FirstSource, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Form 8-K”) announcing, among other things, that its Board of Directors (the “Board”) appointed Mike Hiller, Chief Talent Officer of the Company, as Chief Operating Officer-Designate effective May 18, 2026, and that Mr. Hiller will succeed Steve Herron, as Chief Operating Officer effective December 31, 2026. In accordance with Instruction 2 to Item 5.02 of Form 8-K, the Company is filing this Amendment No. 1 to the Original Form 8-K (this “Amendment”) to disclose the compensation arrangement approved by the Compensation Committee of the Board for Mr. Hiller in connection with his appointment as Chief Operating Officer, which compensation arrangement had not been determined at the time of the filing of the Original Form 8-K.
On October 14, 2026, the Compensation Committee of the Board approved a new compensation arrangement for Mr. Hiller in connection with his appointment as Chief Operating Officer. Effective January 1, 2027, Mr. Hiller will receive a base salary of $675,000 per year, and will be eligible to earn an annual bonus with a target award equal to 125% of his annual salary, based on achievement of performance goals established from year to year by the Compensation Committee of the Board. In addition, Mr. Hiller is eligible to participate in the Company’s Long-Term Incentive Plan. He will also receive a grant of time-based restricted stock units on October 18, 2026, having a grant value equal to $700,000, and vesting in equal annual installments on the first three anniversaries of the grant date. Mr. Hiller is a Tier II Participant in the Company’s Executive and Key Employee Severance Plan.
In addition, the Compensation Committee approved the appointment of Mr. Herron as Special Advisor, reporting directly to the Company’s Chief Executive Officer, effective January 1, 2027 through March 31, 2027. In his role as Special Advisor, Mr. Herron will receive a monthly advisory fee of $20,833.34. Mr. Herron’s outstanding and unvested time-based restricted stock units will vest in full as of the completion of his service as Special Advisor, and his outstanding and unearned performance-based restricted stock units will vest on a pro rata basis based on actual performance at the end of the applicable performance period.