Trex Co Inc (NYSE: TREX) director gets 2,831-share stock grant
Rhea-AI Filing Summary
GRATZ JAY M reported acquisition or exercise transactions in this Form 4 filing.
TREX director Jay M. Gratz received a grant of 2,831 shares of common stock on July 29, 2026, as a restricted stock unit award valued at $42.39 per share. The award will vest on the first anniversary of the grant, bringing his direct holdings to 33,705 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,831 shares
Net Buy
1 txn
Insider
GRATZ JAY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,831 | $42.39 | $120K |
Holdings After Transaction:
Common Stock — 33,705 shares (Direct)
Footnotes (1)
- F1. This restricted stock unit award will vest on the first anniversary of the grant.
Key Figures
Shares granted: 2,831 shares
Grant price: $42.39 per share
Holdings after grant: 33,705 shares
+1 more
4 metrics
Shares granted
2,831 shares
Restricted stock unit award of Trex common stock to director Jay M. Gratz
Grant price
$42.39 per share
Valuation applied to the 2,831-share common stock award
Holdings after grant
33,705 shares
Direct Trex common stock beneficial ownership after the reported award
Transaction date
2026-07-29
Date of the stock award reported for Jay M. Gratz
Key Terms
restricted stock unit award, Rule 10b5-1, Grant, award, or other acquisition
3 terms
restricted stock unit award financial
"This restricted stock unit award will vest on the first anniversary"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Rule 10b5-1 regulatory
"document-level Rule 10b5-1 checkbox: true = transactions affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TREX director Jay M. Gratz report?
Jay M. Gratz reported receiving a grant of 2,831 shares of Trex common stock on July 29, 2026. The award is valued at $42.39 per share and is described as a restricted stock unit award that will vest after one year.
Was the TREX Form 4 transaction an open-market purchase or a stock award?
The Form 4 for TREX shows a grant, award, or other acquisition of common stock, not an open-market purchase. Jay M. Gratz received 2,831 shares as a restricted stock unit award that will vest on the first anniversary of the grant date.
What is the vesting schedule for Jay M. Gratz’s new TREX stock award?
The 2,831-share restricted stock unit award to Jay M. Gratz will vest on the first anniversary of the grant. Until vesting, the units represent a promise of future Trex common shares rather than currently unrestricted stock.
Is the reported TREX insider transaction tied to a Rule 10b5-1 trading plan?
The Form 4’s document-level Rule 10b5-1 checkbox is not marked as affirmed, so the transaction is not identified there as made under a Rule 10b5-1 plan. The report characterizes it instead as a grant, award, or other acquisition of stock.