Form 4: Gibraltar Industries Executive Bolanowski Reports Stock Transactions

Katherine Bolanowski, General Counsel, VP, and Secretary of Gibraltar Industries, reports acquisition and disposal of company stock and restricted stock units.

Summary

• Katherine Bolanowski, an officer of Gibraltar Industries, reported transactions involving the company's common stock on March 1, 2024.
• She disposed of 545 shares of common stock at a price of $77.70.
• She also acquired 1,811 shares of common stock.
• Following these transactions, Bolanowski directly owns 13,765 shares of common stock.
• Additionally, she holds 3,080.04 Restricted Stock Units (RSUs) from the 2018 Management Stock Purchase Plan (MSPP).
• These RSUs are matching units related to her deferred salary and incentive compensation.
• The RSUs are forfeited if her service as an officer terminates before the fifth anniversary of her vesting commencement date and are payable in cash upon termination of service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The reporting person was also granted Performance Stock Units, which will be reported on a subsequent Form 4 upon satisfaction of the performance criteria.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. It is difficult to assess the context without knowing the vesting schedule and other details.

Key Dates