Trex (TREX) SVP Jacob Rudolph awarded new time-based and performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rudolph Jacob T. reported acquisition or exercise transactions in this Form 4 filing.
Trex Company senior vice president and chief human resources officer Jacob T. Rudolph received two equity awards of common stock on February 24, 2026. Each award covers 6,321 restricted stock units valued at $41.45 per share.
One award vests over three years in equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. The second award is performance-based with the same three-year schedule, but the actual shares vesting each year can range from 0% to 200% of the 6,321 target units, depending on Trex’s financial goals. Rudolph holds the shares directly, and his ownership increases as these awards are granted.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rudolph Jacob T.
Role
SVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,321 | $41.45 | $262K |
| Grant/Award | Common Stock | 6,321 | $41.45 | $262K |
Holdings After Transaction:
Common Stock — 33,973 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did Trex (TREX) report for Jacob T. Rudolph?
Trex reported that SVP and CHRO Jacob T. Rudolph received two grants of 6,321 restricted stock units each. Both equity awards are in common stock at a reference value of $41.45 per share and increase his direct ownership stake over time as they vest.
How do Jacob T. Rudolph’s time-based RSUs at Trex (TREX) vest?
Rudolph’s time-based restricted stock unit award of 6,321 units vests in three equal annual installments. Vesting occurs on March 1, 2027, March 1, 2028, and March 1, 2029, aligning his compensation with Trex’s multi-year performance and retention goals.
How are Jacob T. Rudolph’s performance-based RSUs at Trex (TREX) structured?
The performance-based award covers a target of 6,321 restricted stock units, vesting over three years on the same March 1 dates in 2027, 2028, and 2029. Actual shares vesting each year depend on company financial goals and can range from 0% to 200% of target.
What determines the number of Trex (TREX) performance RSUs that will vest for Jacob T. Rudolph?
The vesting amount for Rudolph’s performance-based restricted stock units is tied to Trex’s financial performance. Each year’s vesting can be anywhere from 0% to 200% of the 6,321 target units, based on achievement of specified company financial goals.