Bosway William T 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Gibraltar Industries (ROCK) CEO William Bosway Receives RSU Award
What Happened
William T. Bosway, President, CEO and Director of Gibraltar Industries (ROCK), was granted 512.21 restricted stock units (RSUs) on March 31, 2026. The RSUs are derivative awards granted at $0.00 per unit (non-cash grant); reported value for the grant is $0 on the Form 4 because these are units rather than immediate share purchases.
Key Details
- Transaction date: 2026-03-31; Grant/Award (A) of 512.21 RSUs at $0.00 (derivative award).
- Aggregate reported value on the Form 4: $0 (RSUs, not shares purchased).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: The RSUs represent matching restricted stock units tied to Mr. Bosway’s deferral of base salary and/or cash incentive compensation under the company’s 2018 Management Stock Purchase Plan (see F1, F3, F4). Vesting and settlement rules note forfeiture if service ends before the fifth anniversary of the vesting commencement date; if service continues beyond that, RSUs are payable in cash (lump sum or installments) and each unit converts to cash equal to the fair market value of one share at termination (see F2, F5).
- Filing timeliness: Report filed 2026-04-01 for a 2026-03-31 transaction — within the usual Form 4 reporting window.
Context
This was an award of RSUs as part of compensation/deferral matching, not an open-market purchase or sale. Such grants are common for executive compensation and do not necessarily signal immediate buying or selling of the company’s stock; these RSUs are settled in cash per plan terms rather than issuing shares immediately.
Insider Transaction Report
Form 4
Bosway William T
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Unit (2018 MSPP Match)
[F1][F2][F3]2026-03-31+512.21→ 44,493.72 total→ Common Stock (512.21 underlying)
Holdings
- 230,585
Common Stock
- 69,271.42
Restricted Stock Unit (2018 MSPP)
[F4][F5]→ Common Stock (69,271.42 underlying)
Footnotes (5)
- [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 base salary pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F4]Represents 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.
- [F5]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.
Signature
/s/ Jeffrey J. Watorek, Attorney-in-Fact for William T. Bosway|2026-04-01