Gibraltar Industries Shah acquires 537.7 stock units
The units are payable only in cash beginning six months after termination of director service, using a 200 day rolling average to determine value.
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Rhea-AI Filing Summary
Gibraltar Industries, Inc. (ROCK) director Manish H. Shah acquired 537.7 restricted stock units on October 9, 2026, allocated for deferral of part of his annual director retainer fee. The reported transaction price was $44.17 per share. After the award, reported direct restricted stock unit holdings were 8,187.07; a separate direct common-stock holding was 12,734 shares on October 9, 2026. The units are payable solely in cash, in a lump sum or five or ten substantially equal annual installments, beginning six months after director service ends. The payout uses the common stock’s 200 day rolling average fair market value on the termination date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (MSPP Post-2012) F1, F2 | 537.7 | $44.17 | $24K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
annual director retainer fee financial
200 day rolling average technical
FAQ
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