Gibraltar Industries Watorek receives stock award
The units are subject to forfeiture before the fifth anniversary and, after continued officer service, are payable solely in cash.
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Rhea-AI Filing Summary
Gibraltar Industries, Inc. (ROCK) reported that VP and Treasurer Jeffrey J. Watorek received an award of 82.24 matching restricted stock units on September 30, 2026. The units match a portion of annual base salary he deferred under the 2018 Management Stock Purchase Plan. After the award, he held 1,714.68 restricted stock units; he also reported 16,576 common shares directly and 333.905 shares through his 401(k), all as of September 30, 2026.
The units are forfeited if his officer service ends before the fifth anniversary of the vesting commencement date. If service continues beyond that anniversary, they are payable solely in cash beginning six months after termination, as a lump sum or in five or ten consecutive, substantially equal annual installments, as he elects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) F1, F2, F3 | 82.24 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock (401k) | -- | -- | -- |
Footnotes (3)
- F1. Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- F2. Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
- F3. Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary pursuant to the Company's 2018 Management Stock Purchase Plan.
Key Figures
Key Terms
Restricted Stock Unit financial
Management Stock Purchase Plan financial
vesting commencement date financial
fair market value financial
FAQ
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