Bolanowski Katherine 4
Research Summary
AI-generated summary
Gibraltar (ROCK) GC Katherine Bolanowski Receives RSU Award
What Happened
Katherine Bolanowski, General Counsel (VP, Secretary) of Gibraltar Industries (ROCK), was granted 437.86 restricted stock units (RSUs) on March 6, 2026. The award is reported as an acquisition (grant) at $0.00 per unit (derivative award). This was a grant of matching RSUs tied to deferrals of compensation—not an open‑market purchase or sale.
Key Details
- Transaction date and type: 2026-03-06 — Grant / Award (code A) of 437.86 RSUs at $0.00.
- Filing date: Form 4 filed 2026-03-09 for the March 6 transaction; no late‑filing flag indicated in the excerpt.
- Shares owned after transaction: Not reported in the provided excerpt.
- Footnotes / plan terms:
- F1/F3 — These are matching RSUs allocated for deferrals of base salary and/or annual cash incentive under the Company’s 2018 Management Stock Purchase Plan.
- F2 — RSUs may be forfeited if the officer’s service ends before the 5th anniversary of the vesting commencement date; if service continues beyond that point, RSUs are payable solely in cash (lump sum or 5/10 annual installments) beginning six months after termination. Each RSU converts to an amount equal to the fair market value of one share at termination.
Context
RSUs are a derivative compensation award (not immediate shares): they represent a future cash payout tied to Gibraltar’s stock price and are subject to vesting and forfeiture conditions described above. Because this is a matching award (compensation deferral), it’s a routine compensation-related grant rather than a market-directional purchase or sale.