Gibraltar VP awarded 285 restricted stock units
Catlett Janet Anne reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Catlett Janet Anne reported acquisition or exercise transactions in this Form 4 filing.
Gibraltar Industries VP and CHRO Janet Anne Catlett reported receiving a grant of 285.1700 restricted stock units on March 6, 2026. These matching units relate to her deferral of portions of annual base salary and cash incentive compensation under the company’s 2018 Management Stock Purchase Plan.
The footnotes state these restricted stock units are forfeited if her officer service ends before the fifth anniversary of the vesting start date. After that point, they are payable solely in cash in either a lump sum or installments, based on the fair market value of one share at termination.
Following the transactions, she directly holds 2,337.6200 matching restricted stock units from the 2018 plan, 866.4400 additional restricted stock units tied to deferred cash incentives, and 13,587.0000 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) | 285.17 | $0.00 | $0.00 |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- 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 cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- F4. Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- F5. 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.
FAQ
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What did Gibraltar Industries (ROCK) executive Janet Anne Catlett report in this Form 4?
How many restricted stock units does Janet Anne Catlett now hold at Gibraltar Industries (ROCK)?
What are the vesting and forfeiture terms of Janet Anne Catlett’s restricted stock units at ROCK?
:When will Janet Anne Catlett’s Gibraltar Industries (ROCK) restricted stock units be paid out?
How are Janet Anne Catlett’s Gibraltar Industries (ROCK) restricted stock units valued at payout?
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