Trex Company (NYSE: TREX) awards director 2,831 restricted stock units
Rhea-AI Filing Summary
ROBINSON PATRICIA B reported acquisition or exercise transactions in this Form 4 filing.
Trex Co Inc director Patricia B. Robinson received a grant of 2,831 restricted stock units representing common stock on July 29, 2026, at a reported value of $42.39 per share. The award will vest on the first anniversary of the grant, after which she will directly hold 73,162 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,831 shares
Net Buy
1 txn
Insider
ROBINSON PATRICIA B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,831 | $42.39 | $120K |
Holdings After Transaction:
Common Stock — 73,162 shares (Direct)
Footnotes (1)
- F1. This restricted stock unit award will vest on the first anniversary of the grant.
Key Figures
Restricted stock units granted: 2,831 shares
Reported grant value per share: $42.39 per share
Shares held after award: 73,162 shares
+1 more
4 metrics
Restricted stock units granted
2,831 shares
Grant of restricted stock units representing common stock to director Patricia B. Robinson
Reported grant value per share
$42.39 per share
Value used for the 2,831-unit restricted stock award on July 29, 2026
Shares held after award
73,162 shares
Director’s direct holdings of Trex common stock following the reported grant
Vesting period
First anniversary of the grant
Restricted stock unit award vests one year after the grant date
Key Terms
restricted stock unit award, vest, Common Stock
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.
vest financial
"will vest on the first anniversary of the grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"security_title: Common Stock in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Trex (TREX) director Patricia B. Robinson receive?
Patricia B. Robinson received a grant of 2,831 restricted stock units representing Trex common stock on July 29, 2026, at a reported value of $42.39 per share, subject to a one-year vesting period from the grant date.
When do Patricia B. Robinson’s new Trex (TREX) restricted stock units vest?
The filing states that the restricted stock unit award will vest on the first anniversary of the grant. This means the 2,831 units are scheduled to become fully vested and settle into shares of common stock one year after July 29, 2026.
Is Patricia B. Robinson’s Trex (TREX) transaction a market purchase or a grant?
The transaction is described as a grant or award acquisition of 2,831 restricted stock units, not a market purchase. It is compensation-related equity that will vest on the first anniversary of the grant date.