TREX EVP granted new performance-based stock awards
Zambanini Adam Dante reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zambanini Adam Dante reported acquisition or exercise transactions in this Form 4 filing.
TREX CO INC executive Adam Dante Zambanini, EVP and Chief Operating Officer, reported two equity awards of common stock on February 24, 2026, classified as grants or awards rather than market purchases. These were structured as restricted stock unit awards.
One award vests over three years in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. The second is performance-based, with the same three-year vesting schedule, but the actual shares that vest each year will depend on company financial goals and can range from 0% to 200% of the target share amount.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,914 | $41.45 | $784K |
| Grant/Award | Common Stock | 18,914 | $41.45 | $784K |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider transaction did TREX EVP Adam Zambanini report on this Form 4?
How do Adam Zambanini’s new TREX restricted stock unit awards vest?
What is performance-based about one of Adam Zambanini’s TREX stock awards?
What ownership type is reported for Adam Zambanini’s new TREX awards?
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