Gibraltar VP withholds 2,601 shares for taxes
Gibraltar Industries general counsel Katherine Bolanowski reported a tax-related share disposition.
Rhea-AI Filing Summary
Gibraltar Industries general counsel Katherine Bolanowski reported a tax-related share disposition. On March 4, 2026, 2,601 shares of common stock were withheld at $43.05 per share to cover tax obligations from vesting performance stock units, leaving 15,989 shares of common stock directly owned. She also holds 6,343.09 matching restricted stock units under the 2018 Management Stock Purchase Plan, which may be forfeited if her officer service ends before the fifth anniversary of her vesting start date and are ultimately settled in cash after service ends.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,601 | $43.05 | $112K |
| holding | Restricted Stock Unit (2018 MSPP Match) | -- | -- | -- |
Footnotes (3)
- 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.
FAQ
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What insider transaction did ROCK executive Katherine Bolanowski report?
What restricted stock units does Katherine Bolanowski hold under ROCK’s 2018 plan?
How are ROCK restricted stock units under the 2018 plan ultimately paid?
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