Trex SVP equity grant and tax share withholding
Trex Company senior vice president Amy M. Fernandez reported multiple equity-related transactions in company common stock.
Rhea-AI Filing Summary
Trex Company senior vice president Amy M. Fernandez reported multiple equity-related transactions in company common stock. She received a grant or award of 1,910 shares at $41.42 per share, increasing her directly owned holdings to 74,423 shares immediately after that award.
On the same date, an additional 1,083-share adjustment was recorded as another acquisition or disposition categorized as an “other” transaction, reflecting performance-based share vesting outcomes. Separately, 4,496 shares were disposed of at $41.42 per share to satisfy tax obligations by delivering shares, leaving her with 68,844 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,910 | $41.42 | $79K |
| Other | Common Stock | 1,083 | $41.42 | $45K |
| Exercise Price or Tax Liability | Common Stock | 4,496 | $41.42 | $186K |
Footnotes (3)
- F1. Represents net share difference between target performance-based shares and actual vested shares, based upon actual performance of the Company.
- F2. Represents the target number of performance-based restricted units which did not vest due to the performance condition not being satisfied.
- F3. 4.496 shares are being surrendered as allowed by the Company's 2023 Stock Incentive Plan to cover payment of taxes currently due on previously granted restricted stock units.
FAQ
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What insider transactions did Trex (TREX) executive Amy M. Fernandez report?
What was the price used for Amy M. Fernandez’s Trex (TREX) Form 4 transactions?
What does the tax-withholding disposition in the Trex (TREX) Form 4 represent?
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