Gibraltar Industries (ROCK) director Linda Myers receives 3,059-share equity grant
Rhea-AI Filing Summary
Myers Linda Kristine reported acquisition or exercise transactions in this Form 4 filing.
Gibraltar Industries director Linda Kristine Myers reported a compensation-related equity grant and updated deferred units. She received 3,059 shares of common stock on May 7, 2026, labeled as a grant or award under the non-employee director compensation program, bringing her direct common stock holdings to 21,701 shares.
The filing also shows 2,810.87 restricted stock units tied to deferrals of a portion of her annual director retainer fee. These units are cash-settled after she leaves the board, based on the 200-day rolling average fair market value of Gibraltar Industries’ common stock at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,059 shares
Net Buy
2 txns
Insider
Myers Linda Kristine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,059 | $37.59 | $115K |
| holding | Restricted Stock Unit (MSPP Post-2012) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,701 shares (Direct);
Restricted Stock Unit (MSPP Post-2012) — 2,810.87 shares (Direct)
Footnotes (3)
- F1. Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors.
- F2. Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his/her annual director retainer fee.
- F3. 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 as a director of the Company. Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as a director of the Company.
Key Figures
Common stock grant: 3,059 shares
Grant reference price: $37.59 per share
Post-grant holdings: 21,701 shares
+2 more
5 metrics
Common stock grant
3,059 shares
Grant/award to non-employee director on May 7, 2026
Grant reference price
$37.59 per share
Price per share reported for 3,059-share award
Post-grant holdings
21,701 shares
Total common stock directly held after grant
Restricted stock units
2,810.87 units
Cash-settled RSUs tied to deferred director fees
RSU exercise price
$0.00
Restricted stock units have no exercise price; payable in cash
Key Terms
Restricted Stock Unit (MSPP Post-2012), non-employee directors, deferral of a portion of his/her annual director retainer fee, 200 day rolling average, +1 more
5 terms
Restricted Stock Unit (MSPP Post-2012) financial
"Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his/her annual director retainer fee."
non-employee directors financial
"Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
deferral of a portion of his/her annual director retainer fee financial
"Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his/her annual director retainer fee."
200 day rolling average financial
"Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination"
cash in one lump sum payment financial
"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"
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FAQ
What did Gibraltar Industries (ROCK) director Linda Myers report in this Form 4?
Director Linda Kristine Myers reported receiving 3,059 shares of common stock as a grant under the non-employee director compensation program. The Form 4 also updates her holdings of 2,810.87 cash-settled restricted stock units tied to deferred director fees.
What are the restricted stock units reported by Linda Myers at Gibraltar Industries (ROCK)?
Linda Myers holds 2,810.87 restricted stock units labeled MSPP Post-2012, linked to deferrals of her annual director retainer fee. According to the disclosure, these units are payable solely in cash based on Gibraltar’s stock price after she leaves the board.
How and when are Linda Myers’ restricted stock units at Gibraltar Industries (ROCK) paid out?
The restricted stock units are paid only in cash, either in one lump sum or in 5 or 10 annual installments. Payments begin about six months after her service as director ends and use a 200-day rolling average stock price to determine value.