Bosway William T 4

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.