Trex Co Inc (NYSE: TREX) director receives 2,831-share stock unit grant
Rhea-AI Filing Summary
Cline James E reported acquisition or exercise transactions in this Form 4 filing.
Trex Co Inc director James E. Cline reported receiving a grant of 2,831 shares of common stock on July 29, 2026, valued at $42.39 per share. This restricted stock unit award will vest on the first anniversary of the grant and increases his direct holdings to 45,807 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,831 shares
Net Buy
1 txn
Insider
Cline James E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,831 | $42.39 | $120K |
Holdings After Transaction:
Common Stock — 45,807 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
Grant value per share: $42.39 per share
Holdings after transaction: 45,807 shares
+1 more
4 metrics
Shares granted
2,831 shares
Restricted stock unit award to director James E. Cline on July 29, 2026
Grant value per share
$42.39 per share
Reported value for the 2,831-share common stock award
Holdings after transaction
45,807 shares
Total direct Trex common stock held by James E. Cline after the grant
Vesting schedule
First anniversary of the grant
Restricted stock unit award vests one year after the July 29, 2026 grant
Key Terms
restricted stock unit award, vest, direct holdings
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.
vest financial
"will vest on the first anniversary of the grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
direct holdings financial
"increases his direct holdings to 45,807 shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Trex (TREX) director James E. Cline report?
Director James E. Cline reported receiving a grant of 2,831 shares of Trex common stock as a restricted stock unit award on July 29, 2026. The grant is reported as an acquisition, not an open-market purchase or sale.
What are James E. Cline’s Trex (TREX) holdings after this grant?
After the reported grant, director James E. Cline directly holds 45,807 shares of Trex common stock. This figure reflects his total direct ownership immediately following the 2,831-share restricted stock unit award on July 29, 2026.
When do the newly granted Trex (TREX) restricted stock units vest?
The filing states that this restricted stock unit award will vest on the first anniversary of the grant. That means the 2,831-share award becomes fully vested one year after the July 29, 2026 grant date, subject to applicable conditions.
Was the Trex (TREX) insider grant made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. The reported transaction is a director stock unit grant rather than a purchase or sale under a preset trading arrangement.