Trex Co (NYSE: TREX) director receives 2,831-share restricted stock award
Rhea-AI Filing Summary
Lovett Gena C reported acquisition or exercise transactions in this Form 4 filing.
Trex Company director Gena C. Lovett received a grant of 2,831 shares of Trex common stock on July 29, 2026, reported at $42.39 per share. This restricted stock unit award will vest on the first anniversary of the grant and increases her direct holdings to 10,903 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,831 shares
Net Buy
1 txn
Insider
Lovett Gena C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,831 | $42.39 | $120K |
Holdings After Transaction:
Common Stock — 10,903 shares (Direct)
Footnotes (1)
- F1. This restricted stock unit award will vest on the first anniversary of the grant.
Key Figures
Restricted stock units granted: 2,831 shares
Reported transaction price: $42.39 per share
Shares owned after grant: 10,903 shares
3 metrics
Restricted stock units granted
2,831 shares
Grant to director Gena C. Lovett on 2026-07-29
Reported transaction price
$42.39 per share
Value associated with the 2,831-share award
Shares owned after grant
10,903 shares
Direct common stock holdings following the award
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 reported as Common Stock for this transaction"
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 A described as grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Trex (TREX) report for Gena C. Lovett?
Trex reported that director Gena C. Lovett received a grant of 2,831 shares of Trex common stock on July 29, 2026, at a reported value of $42.39 per share, increasing her direct holdings to 10,903 shares.
Is Gena C. Lovett’s Trex (TREX) grant a restricted stock unit award?
Yes. The footnote states that this is a restricted stock unit award, and it will vest on the first anniversary of the grant, meaning the shares become fully earned and deliverable after one year.
When will Gena C. Lovett’s Trex (TREX) restricted stock units vest?
The filing notes 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 July 29, 2026 grant date.
Was Gena C. Lovett’s Trex (TREX) equity award under a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is indicated. The document’s Rule 10b5-1 checkbox is not marked as relying on a trading plan, suggesting this award was not reported as made under such a plan.
Is Gena C. Lovett’s Trex (TREX) ownership classified as direct or indirect?
The ownership for this transaction is reported as direct, meaning the 10,903 Trex common shares, including the 2,831-share award, are held directly in her name rather than through an intermediary entity.