ROCK CEO William Bosway buys 19,735 Gibraltar Industries (NASDAQ: ROCK) shares
Rhea-AI Filing Summary
Gibraltar Industries President and CEO William T. Bosway bought additional common stock of the company. He purchased 19,735 shares of Common Stock in an open-market transaction at a weighted average price of $37.4377 per share, with prices ranging from $37.1500 to $37.9700.
After this purchase, Bosway directly holds 250,320 shares of Common Stock. He also holds restricted stock units under the company’s 2018 Management Stock Purchase Plan, representing 69,271.4200 underlying shares for the main plan and 44,493.7200 underlying shares for matching units, which are payable in cash based on the stock’s fair market value upon termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,735 shares
Net Buy
3 txns
Insider
Bosway William T
Role
President and CEO
Bought
19,735 shs ($739K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 19,735 | $37.4377 | $739K |
| holding | Restricted Stock Unit (2018 MSPP Match) | -- | -- | -- |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 250,320 shares (Direct);
Restricted Stock Unit (2018 MSPP Match) — 44,493.72 shares (Direct);
Restricted Stock Unit (2018 MSPP) — 69,271.42 shares (Direct)
Footnotes (5)
- F1. The price reported reflects the weighted average purchase price of this transaction at prices ranging from $37.1500 to $37.9700.
- 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 base salary and 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.
Key Figures
Open-market purchase: 19,735 shares
Weighted average purchase price: $37.4377 per share
Post-transaction common holdings: 250,320 shares
+3 more
6 metrics
Open-market purchase
19,735 shares
Common Stock bought at weighted average price on 2026-05-26
Weighted average purchase price
$37.4377 per share
Open-market purchase of 19,735 shares; trade range $37.1500-$37.9700
Post-transaction common holdings
250,320 shares
Direct ownership of Gibraltar Industries common stock after reported purchase
RSU underlying shares (2018 MSPP)
69,271.4200 shares
Restricted stock units linked to deferrals under 2018 Management Stock Purchase Plan
RSU underlying shares (2018 MSPP Match)
44,493.7200 shares
Matching restricted stock units allocated under 2018 Management Stock Purchase Plan
RSU exercise price
$0.0000
Restricted stock units are cash-settled based on fair market value, with zero exercise price
Key Terms
Restricted Stock Unit, 2018 Management Stock Purchase Plan, weighted average purchase price, annual cash incentive compensation, +1 more
5 terms
Restricted Stock Unit financial
"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"
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"
weighted average purchase price financial
"The price reported reflects the weighted average purchase price of this transaction"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
annual cash incentive compensation financial
"deferral of a portion of their annual base salary and annual cash incentive compensation"
substantially equal annual installments financial
"payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ROCK CEO William T. Bosway report on this Form 4?
William T. Bosway reported an open-market purchase of 19,735 shares of Gibraltar Industries common stock. The weighted average price was $37.4377 per share, with individual trade prices ranging from $37.1500 to $37.9700.
What is William T. Bosway’s total direct common stock holding in ROCK after this transaction?
Following the reported purchase, William T. Bosway directly owns 250,320 shares of Gibraltar Industries common stock. This figure reflects his position after acquiring the additional 19,735 shares in the open-market transaction disclosed in the Form 4.
How are the ROCK restricted stock units for the CEO under the 2018 plan settled?
The restricted stock units are payable solely in cash after the CEO’s service ends, either in a lump sum or five or ten annual installments. Each unit pays cash equal to the fair market value of one Gibraltar common share at termination.
What happens to ROCK restricted stock units if the CEO leaves before the fifth anniversary of vesting commencement?
If the CEO’s service as an officer ends before the fifth anniversary of the vesting commencement date, the restricted stock units under the 2018 Management Stock Purchase Plan are forfeited, meaning they do not convert into any cash payment.