Trex (TREX) SVP granted two 10,181-share equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fernandez Amy M. reported acquisition or exercise transactions in this Form 4 filing.
Trex Company reported that senior vice president, chief legal officer and secretary Amy M. Fernandez received two equity awards covering 10,181 shares of common stock each at $41.45 per share on February 24, 2026. One restricted stock unit award vests in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. The second is a performance-based restricted stock unit award over the same schedule, with actual shares vesting each year ranging from 0% to 200% of the 10,181-share target based on company financial goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fernandez Amy M.
Role
SVP, CLO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,181 | $41.45 | $422K |
| Grant/Award | Common Stock | 10,181 | $41.45 | $422K |
Holdings After Transaction:
Common Stock — 62,332 shares (Direct)
Footnotes (1)
- This restricted stock unit award vests over a three-year period in three equal annual installments occurring March 1, 2027, March 1, 2028, and March 1, 2029. This restricted stock unit award is performance-based, and vests over a three-year period in three equal installments occurring March 1, 2027, March 1, 2028, and March 1, 2029. The number of shares set forth above is the target number of shares. The number of shares that will actually vest each year will be based upon performance against certain financial goals for the Company and will range from 0% to 200% of the target number of shares.
FAQ
What insider transaction did Trex (TREX) report for Amy M. Fernandez?
Trex reported that Amy M. Fernandez received two equity awards, each covering 10,181 shares of common stock at $41.45 per share. Both grants are structured as restricted stock unit awards that vest over three years beginning March 1, 2027.
How do Amy M. Fernandez’s time-based restricted stock units at Trex vest?
The time-based restricted stock unit award vests in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. Each installment represents one-third of the 10,181-share award, assuming continued satisfaction of the vesting conditions.
What are the terms of the performance-based restricted stock unit award at Trex?
The performance-based restricted stock unit award has a target of 10,181 shares and vests over three years on the same March 1 dates in 2027, 2028, and 2029. Actual shares vesting each year depend on company financial goals, ranging from 0% to 200% of target.
At what price were the Trex equity awards to Amy M. Fernandez valued?
Both equity awards to Amy M. Fernandez reference a price of $41.45 per share for Trex common stock. This price is used in the Form 4 disclosure for the 10,181-share awards but does not change the vesting schedules or performance conditions described.
What role does Amy M. Fernandez hold at Trex Company (TREX)?
Amy M. Fernandez is reported as a senior vice president, chief legal officer and secretary of Trex Company. The Form 4 shows she acquired two restricted stock unit awards tied to Trex common stock as part of her equity-based compensation on February 24, 2026.