Bosway William T 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) CEO William T. Bosway Buys 19,735 Shares
What Happened
William T. Bosway, President, CEO and a director of Gibraltar Industries, bought 19,735 shares of Gibraltar common stock in an open-market purchase on May 26, 2026. The reported weighted-average price was $37.44 per share, for a total reported purchase value of approximately $738,833. This was a purchase (code P) — a transaction type that investors often view as a direct insider buy.
Key Details
- Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-27) — filing appears timely.
- Purchase details: 19,735 shares at a weighted-average price of $37.44; reported price range for the trades was $37.15 to $37.97 (footnote F1).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: weighted-average price and trade price range.
- F2 & F4: reference matching restricted stock units (RSUs) allocated under the Company’s 2018 Management Stock Purchase Plan related to deferrals of salary and cash incentive compensation.
- F3 & F5: describe RSU forfeiture conditions and that RSUs are payable in cash (either lump sum or installments) based on fair market value upon termination after certain vesting conditions.
- Transaction code: P = Purchase (open-market or private purchase).
Context
This was a straight purchase of shares by the CEO (not an option exercise, gift, or withholding). Insider purchases can be interpreted by some investors as a signal of confidence, but they are one data point among many and do not alone predict company performance. The filing appears to have been made promptly (next business day).
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-05-26$37.44/sh+19,735$738,833→ 250,320 total
- 44,493.72
Restricted Stock Unit (2018 MSPP Match)
[F2][F3]→ Common Stock (44,493.72 underlying) - 69,271.42
Restricted Stock Unit (2018 MSPP)
[F4][F5]→ Common Stock (69,271.42 underlying)
Footnotes (5)
- [F1]The price reported reflects the weighted average purchase price of this transaction at prices ranging from $37.1500 to $37.9700.
- [F2]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.
- [F3]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.
- [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.