ROCK VP has 3,246 shares withheld for taxes
Gibraltar Industries VP and CHRO Janet Anne Catlett reported a Form 4 showing 3,246 shares of common stock withheld on March 4, 2026 at $43.05 per share to cover tax obligations from vesting performance stock units.
Rhea-AI Filing Summary
Gibraltar Industries VP and CHRO Janet Anne Catlett reported a Form 4 showing 3,246 shares of common stock withheld on March 4, 2026 at $43.05 per share to cover tax obligations from vesting performance stock units. After this tax-withholding disposition, she directly owned 13,587 common shares. The filing also shows holdings of 2018 Management Stock Purchase Plan restricted stock units, with balances of 2,052.45 and 866.44 units that are ultimately payable solely in cash based on the company’s stock price after her service as an officer ends.
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Insider Trade Summary
Exercise Price or Tax Liability: 3,246 shares
Exercise Price or Tax Liability
3 txns
Insider
Catlett Janet Anne
Role
VP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,246 | $43.05 | $140K |
| holding | Restricted Stock Unit (2018 MSPP Match) | -- | -- | -- |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,587 shares (Direct);
Restricted Stock Unit (2018 MSPP Match) — 2,052.45 contracts (Direct);
Restricted Stock Unit (2018 MSPP) — 866.44 contracts (Direct)
Footnotes (5)
- F1. Represents shares withheld to cover the tax withholding obligation related to the vesting on March 1, 2026 of the Reporting Person's Performance Stock Units.
- F2. 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.
- F3. 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.
- 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ROCK executive Janet Anne Catlett report?
Janet Anne Catlett reported 3,246 Gibraltar Industries shares withheld to cover taxes from vesting performance stock units. The shares were valued at $43.05 each, reflecting a tax-withholding disposition rather than an open-market sale, and left her with 13,587 directly owned shares.
Did the ROCK Form 4 show an open-market stock sale by the VP, CHRO?
The Form 4 did not show an open-market sale by the VP, CHRO. Instead, 3,246 shares were withheld at $43.05 per share to satisfy tax withholding on vested performance stock units, a routine administrative transaction tied to equity compensation vesting.
What restricted stock unit balances were disclosed for ROCK’s 2018 Management Stock Purchase Plan?
The filing shows 2,052.45 matching restricted stock units and 866.44 additional restricted stock units under the 2018 Management Stock Purchase Plan. These units relate to deferred salary and incentive compensation and are ultimately settled in cash based on Gibraltar Industries’ common stock value.
Are the ROCK Management Stock Purchase Plan restricted stock units settled in stock or cash?
The restricted stock units under the 2018 Management Stock Purchase Plan are settled solely in cash, not in shares. Upon termination of service as an officer, each unit pays an amount equal to the fair market value of one Gibraltar Industries common share, in lump sum or installments.
When are Gibraltar Industries’ restricted stock units forfeited or paid out for this officer?
Certain restricted stock units are forfeited if the officer’s service ends before the fifth anniversary of the vesting start date. If service continues beyond that date, units are paid in cash beginning six months after termination, either in one lump sum or five or ten annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
