Form 4: Gibraltar Industries VP and Treasurer, Jeffrey J. Watorek, Reports Acquisition of Performance Stock Units
SEC Form 4 Filing
Jeffrey J. Watorek, VP and Treasurer of Gibraltar Industries, reports the acquisition of 930 performance stock units and adjustments to holdings in common stock and restricted stock units.
Summary
- On February 18, 2025, Jeffrey J. Watorek, VP and Treasurer of Gibraltar Industries, reported transactions involving the company's stock.
- Watorek acquired 930 shares of common stock related to Performance Stock Units (PSUs) at $0.
- These PSUs were granted under the company's Amended and Restated 2018 Equity Incentive Plan and vest on March 1, 2027.
- Watorek's holdings in common stock (401k) are 333.905.
- Watorek also holds 1,075.12 Restricted Stock Units (RSUs) under the 2018 Management Stock Purchase Plan.
- These RSUs are matching units related to deferred salary and incentive compensation and are payable in cash upon termination of service as an officer, subject to certain conditions.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting insider transactions. There is no indication of positive or negative sentiment.
Future Outlook
The document does not contain specific forward-looking statements, but it outlines the vesting schedule and conditions for the acquired Performance Stock Units and Restricted Stock Units.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- Employees participating in the Management Stock Purchase Plan are affected by the terms and conditions of the Restricted Stock Units.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Acquisition of common stock and adjustments to holdings. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
| 03/01/2027 | Vesting date for the Performance Stock Units. |
Keywords
Gibraltar Industries, ROCK, Form 4, Insider Trading, Jeffrey J. Watorek, Performance Stock Units, Restricted Stock Units, Equity Incentive Plan, Management Stock Purchase Plan, Executive Compensation
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