Gibraltar Industries (ROCK) CEO receives 512 new RSUs, holds 230,585 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bosway William T reported acquisition or exercise transactions in this Form 4 filing.
Gibraltar Industries CEO William T. Bosway received 512.210 matching restricted stock units on March 31, 2026 under the company’s 2018 Management Stock Purchase Plan, tied to deferral of salary and cash incentive pay. After this grant, he holds 44,493.720 matching RSUs, 69,271.420 additional RSUs, and 230,585 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bosway William T
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) | 512.21 | $0.00 | -- |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (2018 MSPP Match) — 44,493.72 shares (Direct);
Restricted Stock Unit (2018 MSPP) — 69,271.42 shares (Direct);
Common Stock — 230,585 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 base salary 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 base salary and 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.
Key Figures
New RSU grant: 512.210 units
Matching RSUs after grant: 44,493.720 units
Other RSUs outstanding: 69,271.420 units
+2 more
5 metrics
New RSU grant
512.210 units
Matching restricted stock units granted March 31, 2026
Matching RSUs after grant
44,493.720 units
Restricted Stock Unit (2018 MSPP Match) holdings after transaction
Other RSUs outstanding
69,271.420 units
Restricted Stock Unit (2018 MSPP) underlying shares after transaction
Common stock held
230,585 shares
Direct common stock ownership after March 31, 2026
RSU exercise price
$0.0000
Exercise price for RSUs under 2018 Management Stock Purchase Plan
Key Terms
Restricted Stock Unit, 2018 Management Stock Purchase Plan, annual cash incentive compensation, fair market value, +1 more
5 terms
Restricted Stock Unit financial
"Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2018 Management Stock Purchase Plan financial
"pursuant to the Company's 2018 Management Stock Purchase Plan."
annual cash incentive compensation financial
"deferral of a portion of their annual base salary and annual cash incentive compensation 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, as defined in the Company's 2018 Management Stock Purchase Plan"
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.
lump sum payment financial
"payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments"
FAQ
What insider transaction did ROCK CEO William Bosway report on this Form 4?
William T. Bosway reported receiving 512.210 matching restricted stock units on March 31, 2026 under Gibraltar Industries’ 2018 Management Stock Purchase Plan. The award is compensation-linked, tied to his deferral of annual base salary and cash incentive compensation rather than an open-market stock purchase.
How many Gibraltar Industries (ROCK) restricted stock units does the CEO hold after this filing?
After this filing, William T. Bosway holds 44,493.720 matching restricted stock units from the 2018 Management Stock Purchase Plan, plus 69,271.420 additional RSUs under the same plan. These positions are in addition to his directly held common stock in Gibraltar Industries.
What is the nature of the 512.210 RSU grant to the Gibraltar Industries (ROCK) CEO?
The 512.210 units are matching restricted stock units allocated for Bosway’s deferral of a portion of his annual base salary and annual cash incentive compensation. They are awarded at a zero exercise price as part of Gibraltar Industries’ 2018 Management Stock Purchase Plan.
How and when are Gibraltar Industries (ROCK) RSUs under the 2018 Management Stock Purchase Plan paid?
Under the plan, restricted stock units are payable solely in cash after the officer’s service ends. Payment occurs in a lump sum or five or ten annual installments, based on the officer’s election, starting six months after termination of service with Gibraltar Industries.
What happens to Gibraltar Industries (ROCK) matching RSUs if the CEO leaves before vesting conditions are met?
Matching restricted stock units are forfeited if the officer’s service ends before the fifth anniversary of the vesting commencement date. Continued service beyond that fifth anniversary is required for payment, which is then based on Gibraltar Industries’ common stock fair market value at termination.