Catlett Janet Anne 4
Research Summary
AI-generated summary
Gibraltar (ROCK) VP Janet Catlett Sells 184 Shares for Taxes
What Happened
Janet Anne Catlett, Vice President and Chief Human Resources Officer of Gibraltar Industries (ROCK), had 184 shares disposed on March 1, 2026 to satisfy tax withholding obligations tied to restricted stock units. The shares were disposed at $45.48 each for a total value of $8,368. This was a tax-withholding disposition (transaction code F), a routine administrative sale rather than a market-timed sale for investment purposes.
Key Details
- Transaction date: 2026-03-01; Price: $45.48; Shares disposed: 184; Total value: $8,368.32.
- Transaction type/code: F — payment of exercise price or tax liability (tax withholding).
- Shares owned after transaction: not specified in the Form 4 filing.
- Filing date: 2026-03-03 (filed within the typical two-business-day Form 4 window).
- Relevant footnotes: F1/F3 indicate these were matching/allocated restricted stock units from the Company’s 2018 Management Stock Purchase Plan tied to deferrals of salary/incentive pay. F2/F4 explain vesting/forfeiture and that the RSUs are ultimately payable in cash per plan terms.
Context: This was a routine tax-withholding disposition related to RSUs, a common administrative action when awards vest or become payable. Such transactions are not direct purchases or investment signals; the filing shows tax-related share disposition rather than an open-market sale for investment reasons.