Director Andrew B. Rose receives 700-share stock award at Trex (NYSE: TREX)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSE B ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Director Andrew B. Rose received an award of 700 shares of Trex Co Inc common stock on April 1, 2026. The shares were granted as a restricted stock unit award priced at $36.57 per share for reporting purposes.
The award will vest on the first anniversary of the grant, meaning the director earns full ownership over time rather than immediately. After this award, Rose directly holds 14,883 shares of Trex common stock, reinforcing that this filing reflects a compensation-related equity grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSE B ANDREW
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 700 | $36.57 | $26K |
Holdings After Transaction:
Common Stock — 14,883 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 700 shares
Grant valuation price: $36.57 per share
Shares held after award: 14,883 shares
3 metrics
Shares granted
700 shares
Restricted stock unit award on April 1, 2026
Grant valuation price
$36.57 per share
Reported price for the 700-share award
Shares held after award
14,883 shares
Total Trex common stock directly owned post-transaction
Key Terms
restricted stock unit, Form 4, grant, award, or other acquisition
3 terms
restricted stock unit financial
"This restricted stock unit award will vest on the first anniversary"
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.
Form 4 regulatory
"The filing classifies this as a grant or award acquisition in Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition regulatory
"transaction code description is Grant, award, or other acquisition"
FAQ
What insider transaction did TREX director Andrew B. Rose report?
Andrew B. Rose reported receiving an equity award of 700 shares of Trex common stock. The filing classifies this as a grant or award acquisition, reflecting stock-based compensation rather than an open-market purchase or sale of existing shares.
At what price was Andrew B. Rose’s Trex (TREX) stock award valued?
The 700-share award to Andrew B. Rose was valued at $36.57 per share. This price is used for reporting purposes and helps quantify the size of the restricted stock unit grant disclosed in the Form 4 filing.
When will Andrew B. Rose’s TREX restricted stock units vest?
The restricted stock unit award to Andrew B. Rose will vest on the first anniversary of the grant. This means he gains full ownership of the awarded shares after one year, aligning the compensation with continued service over that period.
Was Andrew B. Rose’s TREX transaction a market buy or sell?
The transaction was not a market buy or sell; it was a grant or award acquisition. Trex granted 700 restricted stock units to Andrew B. Rose as compensation, so no open-market purchase or sale by him is reported in this Form 4.