Bosway William T 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) CEO William T. Bosway Receives Restricted Stock Award
What Happened
William T. Bosway, President, CEO and a director of Gibraltar Industries (ROCK), was granted 547.77 restricted stock units (RSUs) on 2026-06-30. The Form 4 reports the acquisition at $0.00 per share because this is an awarded, derivative grant (code A) rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-06-30; filing date: 2026-07-01 (appears timely).
- Grant: 547.77 restricted stock units; reported price $0.00 (award/derivative).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote highlights: the units are matching RSUs tied to the Reporting Person’s deferral under the Company’s 2018 Management Stock Purchase Plan (see F1). RSUs are subject to forfeiture if service ends before the 5th anniversary of the vesting commencement date; after the 5th anniversary the units are payable solely in cash (lump sum or installments) and each RSU converts to an amount equal to the fair market value of one share at termination (see F2/F5).
- Transaction type: Award/grant of derivative units (not an open-market buy or sale).
Context
These are cash-settled restricted stock units awarded in connection with Bosway’s compensation deferrals and matching under the company plan. RSU grants do not represent an immediate purchase of shares and will be converted to cash based on the stock’s fair market value when payable, subject to forfeiture and timing rules described in the footnotes. Awards are common executive-compensation events and are not direct indicators of insider buying or selling.
Insider Transaction Report
- Award
Restricted Stock Unit (2018 MSPP Match)
[F1][F2][F3]2026-06-30+547.77→ 45,041.49 total→ Common Stock (547.77 underlying)
- 250,320
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.