Gibraltar Industries (ROCK) CFO trims stake to 12,752 shares
Rhea-AI Filing Summary
GIBRALTAR INDUSTRIES, INC. (ROCK) reported insider activity by Joseph A. Lovechio, VP and CFO. On 2026-08-19, 638 shares of common stock were delivered or withheld at $47.85 per share to pay an exercise price or tax liability, leaving 12,752 common shares held directly. Lovechio also holds restricted stock units under the 2018 Management Stock Purchase Plan representing 2,384.94 underlying common shares, which are forfeited if officer service ends before the fifth anniversary of the vesting commencement date and, if service continues beyond that date, are settled solely in cash after termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 638 shares
Net Sell
2 txns
Insider
Lovechio Joseph A
Role
VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 638 | $47.85 | $31K |
| holding | Restricted Stock Unit (2018 MSPP Match) F1, F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,752 shares (Direct);
Restricted Stock Unit (2018 MSPP Match) — 2,384.94 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Shares delivered/withheld for exercise-price-or-tax-liability: 638 shares
Price per share for code F transaction: $47.85 per share
Common shares held after transaction: 12,752 shares
+1 more
4 metrics
Shares delivered/withheld for exercise-price-or-tax-liability
638 shares
Common Stock, transaction on 2026-08-19, code F
Price per share for code F transaction
$47.85 per share
Common Stock, 638 shares delivered or withheld
Common shares held after transaction
12,752 shares
Direct ownership of Common Stock following 2026-08-19 transaction
Underlying shares for RSUs (2018 MSPP Match)
2,384.94 shares
Restricted stock units tied to Common Stock under 2018 Management Stock Purchase Plan
Key Terms
Restricted stock units, Management Stock Purchase Plan, fair market value, vesting commencement date
4 terms
Restricted stock units financial
"Represents matching restricted stock units allocated to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Management Stock Purchase Plan financial
"pursuant to the Company's 2018 Management Stock Purchase Plan"
fair market value financial
"equal to the fair market value of one share of the Company's common stock"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting commencement date financial
"prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What insider transaction did ROCK executive Joseph A. Lovechio report on this Form 4?
Joseph A. Lovechio reported 638 shares of Gibraltar Industries common stock delivered or withheld at $47.85 per share to pay an exercise price or tax liability, with resulting direct holdings of 12,752 shares.
What restricted stock units linked to ROCK does Joseph A. Lovechio hold?
Joseph A. Lovechio holds restricted stock units under the 2018 Management Stock Purchase Plan representing 2,384.94 underlying ROCK common shares, allocated as matching units for deferred salary and incentive compensation.
Under what conditions are Joseph A. Lovechio’s ROCK restricted stock units forfeited or paid?
The restricted stock units are forfeited if officer service ends before the fifth anniversary of the vesting commencement date. If service continues beyond that date, they are payable solely in cash after termination, in lump sum or installments.
How is the cash value of Joseph A. Lovechio’s ROCK restricted stock units determined?
Each restricted stock unit is converted to cash equal to the fair market value of one ROCK share on the date his officer service terminates, as defined in Gibraltar Industries’ 2018 Management Stock Purchase Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
