Trex Co SEC Filings

Fernandez Amy M. reported acquisition or exercise transactions in this Form 4 filing.

Trex Company reported that senior vice president, chief legal officer and secretary Amy M. Fernandez received two equity awards covering 10,181 shares of common stock each at $41.45 per share on February 24, 2026. One restricted stock unit award vests in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. The second is a performance-based restricted stock unit award over the same schedule, with actual shares vesting each year ranging from 0% to 200% of the 10,181-share target based on company financial goals.

Gandhi Prithvi reported acquisition or exercise transactions in this Form 4 filing.

Trex Company’s Senior Vice President and Chief Financial Officer, Prithvi Gandhi, reported equity awards in the form of restricted stock units tied to Trex common stock. The awards cover 13,848, 13,848 and 18,094 shares at a reference price of $41.45 per share.

One award vests in three equal annual installments on March 1, 2027, 2028 and 2029. A second, performance-based award uses the same schedule, with actual vesting each year ranging from 0% to 200% of the 13,848-share target based on Company financial goals.

A third restricted stock unit award linked to 18,094 shares will vest under the terms of a Retention Agreement dated February 24, 2026 between Trex Company, Inc. and Prithvi S. Gandhi, as further described in Trex’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Following the latest transaction line, Gandhi directly holds 76,454 shares.

Zambanini Adam Dante reported acquisition or exercise transactions in this Form 4 filing.

TREX CO INC executive Adam Dante Zambanini, EVP and Chief Operating Officer, reported two equity awards of common stock on February 24, 2026, classified as grants or awards rather than market purchases. These were structured as restricted stock unit awards.

One award vests over three years in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029. The second is performance-based, with the same three-year vesting schedule, but the actual shares that vest each year will depend on company financial goals and can range from 0% to 200% of the target share amount.

TREX CO INC director Irene Tasi reported an equity grant rather than an open-market trade. On the reported date, she acquired 1,256 shares of common stock through a restricted stock unit award at a reference price of $43.79 per share. Following this award, her directly owned stake is 1,256 shares. The award is scheduled to vest on the first anniversary of the grant, meaning she must remain eligible through that date before the shares fully vest.

TREX CO INC director Irene Tasi filed an initial ownership report on Form 3. This filing identifies her as a director of the company and establishes her status as an insider under SEC rules. The report does not list any share transactions or changes in ownership.

Trex Company, Inc. files its annual report detailing a leading position in composite decking and railing, with products made largely from recycled wood fibers and polyethylene. Net sales reached $1.17 billion, up 2%, while net income fell to $190.4 million, down 20.1%, and diluted EPS declined to $1.78.

The company is investing heavily for growth and efficiency, including $233.6 million of 2025 capital spending, largely on a new Arkansas manufacturing campus expected to begin decking production in 2027. Trex emphasizes brand strength, broad distribution through wholesale channels plus Home Depot and Lowe’s, and a strong sustainability story as one of North America’s largest recyclers of polyethylene film.

Key risks include reliance on a small number of major customers that account for most sales, exposure to housing and home‑improvement cycles, weather‑driven seasonality, inflationary and raw material pressures, and potential cybersecurity, climate, labor, and financing challenges. The company also continues to repurchase shares, buying about 1.53 million shares in the fourth quarter under its ongoing stock repurchase program.

Trex Company is implementing a planned CEO succession. Bryan H. Fairbanks will retire as President, Chief Executive Officer and director effective April 28, 2026, after nearly 23 years with the company. Adam D. Zambanini, currently Executive Vice President and Chief Operating Officer, will become President, CEO and a director, keeping the Board at ten members. The company states Mr. Fairbanks’ decision is not due to any disagreement over operations, policies or practices.

In his new role, Mr. Zambanini’s annual salary will be $900,000, with a target annual bonus of 110% of base salary and long-term equity targets of 450% of base salary. Trex will update his severance and change-in-control agreements to align with those of the outgoing CEO, and he will not receive separate Board fees. Mr. Fairbanks will remain through April 27, 2026 to support the transition, may serve as a consultant through April 30, 2027 at $16,666 per full month, and will continue vesting in certain existing equity awards during this period.

Trex Company is implementing a planned CEO succession. Bryan H. Fairbanks will retire as President, Chief Executive Officer and director effective April 28, 2026, after nearly 23 years with the company. Adam D. Zambanini, currently Executive Vice President and Chief Operating Officer, will become President, CEO and a director, keeping the Board at ten members. The company states Mr. Fairbanks’ decision is not due to any disagreement over operations, policies or practices.

In his new role, Mr. Zambanini’s annual salary will be $900,000, with a target annual bonus of 110% of base salary and long-term equity targets of 450% of base salary. Trex will update his severance and change-in-control agreements to align with those of the outgoing CEO, and he will not receive separate Board fees. Mr. Fairbanks will remain through April 27, 2026 to support the transition, may serve as a consultant through April 30, 2027 at $16,666 per full month, and will continue vesting in certain existing equity awards during this period.

Trex Company reported 2025 results showing modest sales growth but lower profits. Full-year net sales rose 2% to $1.2 billion, while net income declined to $190 million with diluted EPS of $1.78, down from $2.20 in 2024 as gross margin compressed to 39.2%.

Fourth-quarter net sales were $161 million versus $168 million a year earlier, and net income dropped to $2.3 million, reflecting higher warranty reserves and growth-related costs. Adjusted EBITDA for 2025 was $336 million. New products contributed 24% of annual sales, and railing delivered double-digit growth.

For 2026, Trex guides revenue between $1.185 billion and $1.230 billion and adjusted EBITDA of $315–340 million. The company repurchased $50 million of stock in Q4 (1.5 million shares at $32.75) and its board authorized a further $150 million buyback for the first half of 2026. Trex also changed its inventory accounting from LIFO to FIFO, retrospectively increasing prior-period gross profit and retained earnings.

Trex Company reported 2025 results showing modest sales growth but lower profits. Full-year net sales rose 2% to $1.2 billion, while net income declined to $190 million with diluted EPS of $1.78, down from $2.20 in 2024 as gross margin compressed to 39.2%.

Fourth-quarter net sales were $161 million versus $168 million a year earlier, and net income dropped to $2.3 million, reflecting higher warranty reserves and growth-related costs. Adjusted EBITDA for 2025 was $336 million. New products contributed 24% of annual sales, and railing delivered double-digit growth.

For 2026, Trex guides revenue between $1.185 billion and $1.230 billion and adjusted EBITDA of $315–340 million. The company repurchased $50 million of stock in Q4 (1.5 million shares at $32.75) and its board authorized a further $150 million buyback for the first half of 2026. Trex also changed its inventory accounting from LIFO to FIFO, retrospectively increasing prior-period gross profit and retained earnings.

AllianceBernstein L.P. reports beneficial ownership of 6,503,478 shares, or 6.1% of the common stock of Trex Co Inc, as of 12/31/2025. AllianceBernstein has sole voting power over 6,244,769 shares and sole dispositive power over 6,412,468 shares, with an additional 91,010 shares under shared dispositive power.

The shares are held for investment purposes in client discretionary advisory accounts, and AllianceBernstein certifies they are not held to change or influence control of Trex. The firm notes it operates under independent management from its majority owner, Equitable Holdings, Inc.