Bosway William T 4
Research Summary
AI-generated summary
Gibraltar (ROCK) CEO William T. Bosway Buys 1,000 Shares
What Happened
- William T. Bosway, President, CEO and Director of Gibraltar Industries (ROCK), made an open-market purchase of 1,000 shares on 2026-03-13 at $41.37 per share, for a total of $41,370. The transaction is reported as a purchase (code P), which is generally seen as a direct buy of company stock.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-16 (filed within the typical two-business-day SEC window).
- Price: $41.37 per share; Total value: $41,370.
- Transaction type/code: Open-market purchase (P).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Notable footnotes: The filing includes RSU-related disclosures (F1–F4) indicating matching/restricted stock units tied to the company’s 2018 Management Stock Purchase Plan. Those RSUs (a) were allocated in connection with salary and incentive deferrals, (b) may be forfeited if service ends before the 5th anniversary of the vesting commencement date, and (c) are cash-settled upon termination (payable lump-sum or in 5 or 10 annual installments) at the fair market value on the termination date.
Context
- Insider purchases (even modest ones like this $41k buy) can be of interest to retail investors because they represent direct buying by management, but they do not alone indicate future performance.
- The RSU footnotes describe compensation plan mechanics and are not the same as this open-market purchase; they explain separate deferred/cash-settled awards.