Gibraltar Industries (ROCK) director receives 3,059-share stock award and defers units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shah Manish H reported acquisition or exercise transactions in this Form 4 filing.
Gibraltar Industries director Manish H. Shah received a stock grant and reports deferred units. He was granted 3,059 shares of common stock at $37.59 per share as compensation for his service as a non-employee director, bringing his directly held common shares to 12,734.
He also reports 7,166.06 restricted stock units under the company's Non-Employee Director Stock Deferral Plan, which represent deferred portions of his director fees. These restricted stock units are payable solely in cash, based on a 200-day rolling average share price, starting six months after his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shah Manish H
Role
null
| 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 — 12,734 shares (Direct, null);
Restricted Stock Unit (MSPP Post-2012) — 7,166.06 shares (Direct, null)
Footnotes (1)
- 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. Pursuant to the Company's Non-Employee Director Stock Deferral Plan, the Reporting Person has irrevocably elected to defer his receipt of the shares of common stock. Six (6) months following termination of the Reporting Person's service as a member of the Company's Board of Directors, shares of common stock are issued to the Reporting Person in one lump sum or in five (5) or ten (10) substantially equal installments, whichever is elected by the Reporting Person. 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. 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
Director stock grant: 3,059 shares
Grant price: $37.59 per share
Total common shares held: 12,734 shares
+2 more
5 metrics
Director stock grant
3,059 shares
Common stock award on May 7, 2026
Grant price
$37.59 per share
Price for 3,059-share common stock award
Total common shares held
12,734 shares
Direct holdings after reported grant
Deferred RSUs underlying shares
7,166.06 units
Restricted stock units tied to deferred director fees
RSU exercise price
$0.00
Restricted Stock Unit (MSPP Post-2012) exercise price
Key Terms
Restricted Stock Unit (MSPP Post-2012), Non-Employee Director Stock Deferral Plan, restricted stock units, fair market value (200 day rolling average)
4 terms
Restricted Stock Unit (MSPP Post-2012) financial
"Represents restricted stock units allocated to the Reporting Person after 2012..."
Non-Employee Director Stock Deferral Plan financial
"Pursuant to the Company's Non-Employee Director Stock Deferral Plan, the Reporting Person has irrevocably elected..."
restricted stock units financial
"Restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10)..."
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.
fair market value (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)..."
FAQ
What did Manish H. Shah report in his latest Form 4 for ROCK?
Manish H. Shah reported a grant of 3,059 shares of Gibraltar Industries common stock as director compensation. He also disclosed 7,166.06 restricted stock units tied to deferred director fees, payable in cash after his board service ends, based on share price.
What is the size and price of the stock grant to Manish H. Shah at ROCK?
The grant to Manish H. Shah totals 3,059 shares of Gibraltar Industries common stock at $37.59 per share. This award is part of the annual compensation program for non-employee directors, increasing his direct equity stake in the company on the transaction date.
What are the 7,166.06 restricted stock units reported by Manish H. Shah at ROCK?
The 7,166.06 restricted stock units represent deferred director fees under Gibraltar Industries’ Non-Employee Director Stock Deferral Plan. They are payable solely in cash, starting six months after Shah’s board service ends, based on a 200-day rolling average of the company’s share price.
How and when will the deferred Gibraltar Industries director units be paid to Manish H. Shah?
The deferred units are settled in cash beginning six months after Shah’s board service ends. Payment can be in one lump sum or in five or ten substantially equal annual installments, using a 200-day rolling average share price to determine the cash amount per unit.