Trex Co Inc (NYSE: TREX) grants director 2,831 restricted stock units
Rhea-AI Filing Summary
Keffer David Christian reported acquisition or exercise transactions in this Form 4 filing.
Trex Co Inc director David Christian Keffer reported an equity award of 2,831 shares of Common Stock on 2026-07-29, recorded as a restricted stock unit grant at $42.39 per share. The award vests on the first anniversary of the grant and increases his direct holdings to 6,386 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,831 shares
Net Buy
1 txn
Insider
Keffer David Christian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,831 | $42.39 | $120K |
Holdings After Transaction:
Common Stock — 6,386 shares (Direct)
Footnotes (1)
- F1. This restricted stock unit award will vest on the first anniversary of the grant.
Key Figures
Shares granted: 2,831 shares of Common Stock
Grant reference price: $42.39 per share
Post-transaction holdings: 6,386 shares
3 metrics
Shares granted
2,831 shares of Common Stock
Equity award to director David Christian Keffer on 2026-07-29
Grant reference price
$42.39 per share
Price per share associated with the 2,831-share award
Post-transaction holdings
6,386 shares
Direct Trex Common Stock beneficially owned after the award
Key Terms
restricted stock unit award, non-derivative, 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.
non-derivative financial
"Transaction type is classified as non-derivative Common Stock"
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TREX report for director David Christian Keffer?
Director David Christian Keffer reported an equity award of 2,831 shares of Trex Common Stock on 2026-07-29. It was recorded as a restricted stock unit grant, not an open-market purchase or sale, and reflects compensation rather than discretionary trading activity.
What are David Christian Keffer’s TREX holdings after this Form 4 transaction?
Following the reported award, David Christian Keffer directly holds 6,386 shares of Trex Common Stock. This total incorporates the 2,831-share restricted stock unit grant reported on 2026-07-29 and represents his post-transaction direct beneficial ownership position in the company.
When do the restricted stock units granted to the TREX director vest?
The filing states that the restricted stock unit award will vest on the first anniversary of the grant. This means the 2,831-share award becomes fully vested one year after the 2026-07-29 grant date, subject to any applicable service or employment conditions.
Was the TREX director’s equity grant made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 box is not checked, so this transaction was not reported as occurring under a pre-arranged Rule 10b5-1 trading plan. It is presented as a standard compensation-related equity award to the director.