Trex (TREX) director receives 131-share stock award vesting in one year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keffer David Christian reported acquisition or exercise transactions in this Form 4 filing.
Trex Company director David Christian Keffer reported a grant of 131 shares of Common Stock as a restricted stock unit award. The award was granted at a reference price of $48.69 per share and will vest on the first anniversary of the grant date. Following this compensation-related award, Keffer directly holds 3,555 Trex shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keffer David Christian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 131 | $48.69 | $6K |
Holdings After Transaction:
Common Stock — 3,555 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 131 shares
Grant price: $48.69 per share
Shares owned after grant: 3,555 shares
+1 more
4 metrics
Shares granted
131 shares
Restricted stock unit award to director on July 1, 2026
Grant price
$48.69 per share
Reference price for the 131-share award
Shares owned after grant
3,555 shares
Total direct Trex holdings following the reported transaction
Vesting schedule
1-year vesting
Restricted stock unit award vests on first anniversary of grant
Key Terms
restricted stock unit award, Common Stock, Grant, award, or other acquisition
3 terms
restricted stock unit award financial
"This restricted stock unit award will vest on the first anniversary of the grant."
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.
Common Stock financial
"security_title": "Common Stock""
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Trex (TREX) director David Christian Keffer report?
Director David Christian Keffer reported receiving a grant of 131 shares of Trex Common Stock as a restricted stock unit award. The transaction is classified as a grant or award acquisition rather than an open-market purchase or sale.
At what price was David Christian Keffer’s Trex (TREX) stock award recorded?
The 131-share award to David Christian Keffer was recorded at $48.69 per Trex share. This figure reflects the grant price used for the restricted stock unit award reported in the insider filing.
When will David Christian Keffer’s Trex (TREX) restricted stock unit award vest?
The restricted stock unit award to David Christian Keffer will vest on the first anniversary of the grant. This means the 131-share award becomes fully vested one year after the July 1, 2026 grant date, according to the filing footnote.
Is David Christian Keffer’s Trex (TREX) transaction an open-market buy or a compensation grant?
The transaction is a compensation-related grant, not an open-market buy. It is coded as “A” for grant, award, or other acquisition, and described as a restricted stock unit award that vests after one year.