Director Andrew Rose receives 526-share Trex (TREX) equity grant at $48.69
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trex Company director Andrew B. Rose received an equity award of 526 shares of Common Stock as a grant. The award was valued at $48.69 per share on the grant date and is structured as a restricted stock unit award that will vest on the first anniversary of the grant. Following this compensation-related acquisition, Rose directly holds 15,409 shares of Trex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSE B ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 526 | $48.69 | $26K |
Holdings After Transaction:
Common Stock — 15,409 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 526 shares
Grant-date value per share: $48.69 per share
Shares held after award: 15,409 shares
3 metrics
Equity award size
526 shares
Grant of Common Stock reported on Form 4
Grant-date value per share
$48.69 per share
Value used for the 526-share award
Shares held after award
15,409 shares
Total direct Trex holdings after the transaction
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"
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 Andrew B. Rose report?
Andrew B. Rose reported receiving a grant of 526 shares of Trex Common Stock. This was a compensation-related equity award rather than an open-market purchase or sale, and it increased his direct holdings in the company.
At what price was the Trex (TREX) equity award to Andrew B. Rose valued?
The 526-share award to Andrew B. Rose was valued at $48.69 per share. This price reflects the grant-date value used for the restricted stock unit award reported in the Form 4 filing.
When will Andrew B. Rose’s Trex (TREX) restricted stock unit award vest?
The restricted stock unit award to Andrew B. Rose will vest on the first anniversary of the grant. Vesting means the shares become fully earned and no longer subject to forfeiture conditions after that date.
Was the Trex (TREX) transaction by Andrew B. Rose a market purchase or sale?
The transaction was not a market purchase or sale. It was reported as a grant or award acquisition of 526 shares, consistent with a restricted stock unit equity compensation award to the director.