Gibraltar Industries (ROCK) VP, CHRO receives 93.67 cash-settled RSUs tied to deferred pay
Rhea-AI Filing Summary
Gibraltar Industries VP and CHRO Janet Anne Catlett received a grant of 93.67 matching restricted stock units on March 31, 2026 under the company’s 2018 Management Stock Purchase Plan. These units were allocated in connection with deferrals of base salary and annual cash incentive compensation.
The restricted stock units have a zero exercise price and are forfeited if her officer service ends before the fifth anniversary of her vesting commencement date. If service continues beyond that point, the units are settled solely in cash after she leaves the company, based on the fair market value of Gibraltar’s common stock at that time.
Following the transactions reported, she holds 2,431.29 matching restricted stock units from the plan, 866.44 additional restricted stock units tied to deferred compensation, and 13,587 shares of Gibraltar common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (2018 MSPP Match) | 93.67 | $0.00 | -- |
| holding | Restricted Stock Unit (2018 MSPP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 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.