Myers Linda Kristine 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) Director Linda Myers Receives 3,059-Share Award
What Happened
Linda Kristine Myers, a director of Gibraltar Industries, received an award/acquisition of 3,059 shares (or restricted stock units) on May 7, 2026. The grant is reported at $37.59 per share, with a total reported value of approximately $114,988. This was an award under the company’s director compensation program (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: May 7, 2026 — 3,059 shares at $37.59 each (total ≈ $114,988).
- Transaction type: Award/Grant (code A).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes summary:
- F1: Some shares represent common stock entitled to the director under the annual non-employee director compensation program.
- F2: Some represent RSUs allocated for deferral of a portion of the director retainer.
- F3: Those RSUs are cash-settled upon termination (one lump sum or 5/10 annual installments) and convert to cash based on a 200-day rolling average fair market value at termination.
- Filing timeliness: Report filed May 8, 2026 (one day after the transaction) — appears timely.
Context
This is a routine director compensation award and not an insider purchase/sale in the open market. Part of the grant appears to be immediate share entitlements while part are deferred RSUs that will be paid in cash based on the company’s long-term average stock price upon the director’s departure, so it does not necessarily reflect an immediate change in equity holdings or a direct bullish/bearish trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-07$37.59/sh+3,059$114,988→ 21,701 total
- 2,810.87
Restricted Stock Unit (MSPP Post-2012)
[F2][F3]→ Common Stock (2,810.87 underlying)
Footnotes (3)
- [F1]Represents shares of common stock which the Reporting Person is entitled to receive annually pursuant to the compensation program in effect for non-employee directors.
- [F2]Represents restricted stock units allocated to the Reporting Person after 2012 with respect to the Reporting Person's deferral of a portion of his/her annual director retainer fee.
- [F3]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 as a director of the Company. Each restricted stock unit is converted to cash in an amount equal to the fair market value (200 day rolling average) of one share of the Company's common stock on the date of termination of the Reporting Person's service as a director of the Company.