Gibraltar Industries (ROCK) VP awarded 59.610 matching RSUs in cash-settled plan
Rhea-AI Filing Summary
Watorek Jeffrey J. reported acquisition or exercise transactions in this Form 4 filing.
Gibraltar Industries VP and Treasurer Jeffrey J. Watorek received an award of 59.610 restricted stock units on March 6, 2026 as a matching grant under the company’s 2018 Management Stock Purchase Plan, tied to his deferral of base salary and cash incentive pay.
The units are forfeited if his officer service ends before the fifth anniversary of his vesting start date. If his service continues beyond that point, the units are settled in cash after he leaves, based on the fair market value of one share of Gibraltar’s common stock at that time, in either a lump sum or multi‑year installments.
Following this grant, Watorek holds 1,466.580 restricted stock units, 16,576 common shares directly, and 333.905 common shares indirectly through a 401(k) account.
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FAQ
What did Gibraltar Industries VP Jeffrey Watorek report in this Form 4 for ROCK?
How do the new restricted stock units for ROCK’s Jeffrey Watorek vest and pay out?
Is Jeffrey Watorek’s Gibraltar Industries RSU award settled in stock or cash?
How many Gibraltar Industries restricted stock units does Jeffrey Watorek hold after this filing?
What common stock holdings in ROCK does Jeffrey Watorek report in this Form 4?