Trex SVP granted time-based and performance RSUs
Rudolph Jacob T. reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,321 | $41.45 | $262K |
| Grant/Award | Common Stock | 6,321 | $41.45 | $262K |
Footnotes (2)
- F1. 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.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Trex (TREX) report for Jacob T. Rudolph?
How do Jacob T. Rudolph’s time-based RSUs at Trex (TREX) vest?
How are Jacob T. Rudolph’s performance-based RSUs at Trex (TREX) structured?
What determines the number of Trex (TREX) performance RSUs that will vest for Jacob T. Rudolph?
AI-generated analysis. How Rhea-AI works. Not financial advice.