Watorek Jeffrey J. 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Gibraltar Industries (ROCK) VP/Treasurer Jeffrey Watorek Receives Award
What Happened
Jeffrey J. Watorek, Vice President and Treasurer of Gibraltar Industries (ROCK), was granted 59.61 restricted stock units (derivative award) on 2026-03-06 at an acquisition price of $0.00. This was a matching award tied to his deferral of compensation (not an open-market purchase or sale) and thus does not represent immediate cash outlay or a sale.
Key Details
- Transaction date: 2026-03-06; Form 4 filed 2026-03-09 (timely filing).
- Security: 59.61 restricted stock units (derivative), acquisition price reported as $0.00.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes:
- F1 / F3 — These units are matching restricted stock units allocated for deferrals of the reporting person's base salary and/or annual cash incentive under the Company's 2018 Management Stock Purchase Plan.
- F2 — Units are forfeited if service ends before the 5th anniversary of the vesting commencement date; if service continues beyond that date, units are payable only in cash (lump sum or installments) equal to the fair market value of one share on termination.
- Transaction type: Award/Grant (code A); derivative RSUs — not an option exercise or market trade.
Context
Restricted stock units here are a deferred compensation award that is cash-settled per the plan terms rather than an immediate issuance of tradable shares. Such awards are routine components of executive compensation and reflect deferred pay mechanics rather than an immediate buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit (2018 MSPP Match)
[F1][F2][F3]2026-03-06+59.61→ 1,466.58 total→ Common Stock (59.61 underlying)
- 16,576
Common Stock
- 333.905(indirect: By 401(k))
Common Stock (401k)
Footnotes (3)
- [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.
- [F3]Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.