Gibraltar CFO buys 1,000 shares in open market
Gibraltar Industries VP and CFO Joseph A. Lovechio bought additional company stock.
Rhea-AI Filing Summary
Gibraltar Industries VP and CFO Joseph A. Lovechio bought additional company stock. On May 20, 2026, he purchased 1,000 shares of common stock in an open-market transaction at $34.615 per share, bringing his directly held common stock to 13,390 shares.
He also holds matching restricted stock units under the company’s 2018 Management Stock Purchase Plan tied to deferrals of salary and cash incentives, representing 2,063.06 underlying shares. These units do not deliver stock; instead, after qualifying service and upon termination, they are paid out in cash based on the then-current share price.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Lovechio Joseph A
Role
VP and CFO
Bought
1,000 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $34.615 | $35K |
| holding | Restricted Stock Unit (2018 MSPP Match) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,390 shares (Direct);
Restricted Stock Unit (2018 MSPP Match) — 2,063.06 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Open-market purchase: 1,000 shares
Purchase price: $34.615 per share
Direct holdings after trade: 13,390 shares
+2 more
5 metrics
Open-market purchase
1,000 shares
Common Stock bought on May 20, 2026
Purchase price
$34.615 per share
Price for 1,000 common shares
Direct holdings after trade
13,390 shares
Common Stock directly held post-transaction
Restricted stock units
2,063.06 units
Underlying shares for 2018 MSPP match, cash-settled
RSU exercise price
$0.0000
Exercise price for matching restricted stock units
Key Terms
Restricted Stock Unit, 2018 Management Stock Purchase Plan, deferral of a portion of their annual base salary, annual cash incentive compensation, +2 more
6 terms
Restricted Stock Unit financial
"Represents matching restricted stock units allocated to the Reporting Person"
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"
deferral of a portion of their annual base salary financial
"with respect to the Reporting Person's deferral of a portion of their annual base salary"
annual cash incentive compensation financial
"and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan"
forfeited if Reporting Person's service financial
"Restricted stock units are forfeited if Reporting Person's service as an officer"
fair market value financial
"equal to the fair market value of one share of the Company's common stock"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ROCK CFO Joseph Lovechio report on this Form 4?
Gibraltar Industries VP and CFO Joseph A. Lovechio reported buying 1,000 shares of common stock. The open-market purchase occurred at $34.615 per share, increasing his directly held common stock position to 13,390 shares after the transaction.
What are the restricted stock units reported by ROCK’s CFO and how do they work?
The filing shows matching restricted stock units linked to deferrals under the 2018 Management Stock Purchase Plan. They represent 2,063.06 underlying shares and are forfeited if officer service ends before year five, then payable only in cash based on fair market value upon termination.
AI-generated analysis. How Rhea-AI works. Not financial advice.
