Company: CVCO
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0000278166-25-000097
Chunk: 21

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 21
---
 Chair $20,000 and Members $7,500

◦ Corporate Governance and Nominating, and Legal and Compliance Oversight committees: Chair $15,000 and Members $7,500

• The Chairman of the Board received an additional annual cash fee of $50,000.

• Except for the Chairman, who was awarded an annual equity award of approximately $170,000 in time-based restricted stock units (“RSUs”), all non-employee Directors were awarded approximately $120,000 in value of RSUs that vest 100% upon the anniversary of the grant date (or next annual meeting of stockholders, if earlier).

• All Board members were reimbursed for reasonable travel expenses to attend Board and committee meetings.

Directors who are also employees of the Company do not receive any special or additional remuneration for service on the Board. The following table provides specific information regarding the compensation paid to each non-employee Director under our Director Compensation Policy during the fiscal year ended March 29, 2025:

| Name             |     | Fees Earned 
  or Paid in 
        Cash 
         ($) |     | Stock Awards 
       ($)(1) |     |   Total 
     ($) |
| Susan Blount     |     |     105,000 |     |      120,114 |     | 225,114 |
| Steve Bunger     |     |     125,000 |     |      170,092 |     | 295,092 |
| David Greenblatt |     |     107,500 |     |      120,114 |     | 227,614 |
| Richard Kerley   |     |     110,000 |     |      120,114 |     | 230,114 |
| Steven Moster    |     |     102,500 |     |      120,114 |     | 222,614 |
| Julia Sze        |     |      92,500 |     |      120,114 |     | 212,614 |

(1) Amounts in this column represent the fair value of the RSUs granted based on the closing price of our stock on the grant date, July 30, 2024. The aggregate number of unvested RSUs held by each Director as of March 29, 2025, was: Ms. Blount – 286 RSUs; Mr. Bunger – 405 RSUs; Mr. Greenblatt – 286 RSUs