CAVCO INDUSTRIES INC
For the period ended Mar 29, 2025. Filed Jun 16, 2025.
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Mar 29, 2025 · Filed Jun 16, 2025
Contents
Benchmarking Methodology
Market pay levels are one of many elements used by the Company to maintain competitive pay opportunities for our Executive Officers. For the design of the Company’s fiscal year 2025 executive compensation program, the Compensation Committee approved a peer group of 21 national companies in the building products, homebuilding, and related industries for the purposes of benchmarking total compensation for our Executive Officers. The peer group companies were analyzed and recommended by our independent compensation consultant and our Compensation Committee approved the peer group set forth below. The Compensation Committee considered companies with similar revenue and market cap positions to Cavco and sought to place Cavco at approximately the peer group median. We believe that this peer group provides a meaningful composite of companies in similar industries, in various stages of growth, to establish an appropriate benchmark comparison for Cavco.
| American Woodmark CorporationApogee Enterprises, Inc.Armstrong World Industries, Inc.Beazer Homes USA, Inc.Century Communities, Inc.Dream Finders Homes, Inc.Ethan Allen Interiors, Inc.Green Brick Partners, Inc.Gibraltar Industries, Inc.Installed Building Products, Inc.Landsea Homes Corporation | La-Z-Boy IncorporatedLGI Homes, Inc.PGT Innovations, Inc.Quanex Building Products Corp.Simpson Manufacturing Co. Inc.Skyline Champion Corp.TopBuild Corp.Trex Company, Inc.TRI Pointe Group Inc.WillScot Mobile Mini Holdings Corp. |
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| Cavco Industries, Inc. | www.cavco.com 29 |
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