Form 4: Gibraltar Industries Executive Bolanowski Reports Acquisition of Restricted Stock Units

Katherine Bolanowski, General Counsel, VP, and Secretary of Gibraltar Industries, reports the acquisition of restricted stock units through the company's 2018 Management Stock Purchase Plan.

Summary

• Katherine Bolanowski, an officer of Gibraltar Industries, reported a transaction on March 7, 2025, involving the acquisition of restricted stock units (RSUs).
• These RSUs were granted as a match to her deferral of salary and cash incentive compensation under the company's 2018 Management Stock Purchase Plan (MSPP).
• Specifically, 637.65 restricted stock units were acquired.
• Following the reported transaction, Bolanowski directly owns 16,205 shares of common stock.
• She also holds 5,639.17 derivative securities, which are restricted stock units.
• The RSUs are subject to forfeiture if her service as an officer terminates before the fifth anniversary of her vesting commencement date.
• If service continues beyond the fifth anniversary, the RSUs are payable in cash, either in a lump sum or in installments, beginning six months after termination of service.
• Each RSU converts to cash based on the fair market value of one share of Gibraltar Industries' common stock at the time of termination.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports factual information about an insider transaction.

Positives

• The acquisition of restricted stock units aligns the executive's interests with the company's performance.
• The 2018 Management Stock Purchase Plan incentivizes executives to defer compensation, potentially reducing immediate cash outflow for the company.

Risks

• The restricted stock units are subject to forfeiture if the officer's service is terminated before the vesting period, which could disincentivize long-term commitment if circumstances change.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders transact in their company's securities. It provides transparency into the holdings and transactions of key personnel.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns management's interests with the company's performance.

Key Dates