Gibraltar Industries (ROCK) VP granted 285 restricted stock units in plan
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
Catlett Janet Anne
Role
VP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) | 285.17 | $0.00 | -- |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (2018 MSPP Match) — 2,337.62 shares (Direct);
Restricted Stock Unit (2018 MSPP) — 866.44 shares (Direct);
Common Stock — 13,587 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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. 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
What did Gibraltar Industries (ROCK) executive Janet Anne Catlett report in this Form 4?
She reported receiving 285.1700 restricted stock units as a grant tied to deferred salary and cash incentive compensation under Gibraltar Industries’ 2018 Management Stock Purchase Plan, along with updated totals of her restricted stock units and common stock holdings.
How many restricted stock units does Janet Anne Catlett now hold at Gibraltar Industries (ROCK)?
After the reported transactions, she holds 2,337.6200 matching restricted stock units and 866.4400 additional restricted stock units linked to deferred cash incentives, all under the company’s 2018 Management Stock Purchase Plan, in addition to her separate common stock holdings.
What are the vesting and forfeiture terms of Janet Anne Catlett’s restricted stock units at ROCK?
The units are forfeited if her service as an officer ends before the fifth anniversary of her vesting commencement date. If she serves beyond that anniversary, the units become payable solely in cash after her officer service terminates, following the plan’s distribution rules.
:When will Janet Anne Catlett’s Gibraltar Industries (ROCK) restricted stock units be paid out?
If service continues beyond the fifth vesting anniversary, the restricted stock units are paid solely in cash, either in one lump sum or in five or ten annual installments, beginning six months after her service as an officer of Gibraltar Industries ends, consistent with the plan.
How are Janet Anne Catlett’s Gibraltar Industries (ROCK) restricted stock units valued at payout?
Each restricted stock unit is converted to cash based on the fair market value of one share of Gibraltar Industries’ common stock on the date her service as an officer ends, as defined in the company’s 2018 Management Stock Purchase Plan governing these deferrals.