Watorek Jeffrey J. 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) VP/Treasurer Jeffrey Watorek Sells 278 Shares
What Happened
Jeffrey J. Watorek, Vice President and Treasurer of Gibraltar Industries (ROCK), had 278 shares disposed on March 1, 2026 to satisfy tax withholding related to restricted stock units. The shares were valued at $45.48 each, for a total of approximately $12,643. This was a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-03 (timely Form 4 filing).
- Disposition: 278 shares at $45.48 per share; total value ≈ $12,643.
- Transaction code: F — shares withheld/used to cover tax liability.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: These were matching restricted stock units allocated under the Company’s 2018 Management Stock Purchase Plan tied to salary/incentive deferrals.
- F2: RSUs are forfeitable if officer service ends before the 5th anniversary of vesting commencement; after that date RSUs convert to cash payable in a lump sum or installments based on fair market value at termination.
Context
Tax-withholding dispositions are routine when RSUs vest and do not necessarily signal insider sentiment about the stock. This transaction reflects a withholding to satisfy tax obligations on vested awards, not a discretionary sale of additional shares.
Insider Transaction Report
- Tax Payment
Common Stock
2026-03-01$45.48/sh−278$12,643→ 18,348 total
- 333.905(indirect: By 401(k))
Common Stock (401k)
- 1,406.97
Restricted Stock Unit (2018 MSPP Match)
[F1][F2]→ Common Stock (1,406.97 underlying)
Footnotes (2)
- [F1]Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F2]Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.