Bolanowski Katherine 4
Research Summary
AI-generated summary
Gibraltar (ROCK) GC Katherine Bolanowski Receives RSU Award
What Happened
- Katherine Bolanowski, General Counsel, Vice President and Secretary of Gibraltar Industries (ROCK), was granted 259.22 restricted stock units (RSUs) on 2026-06-30. The filing records an acquisition price of $0 because these are derivative RSU awards rather than a cash purchase.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (filed one day after the grant).
- Transaction type/code: A (award); reported as a derivative award.
- Shares/units granted: 259.22 RSUs; recorded price: $0 (not a cash purchase).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1/F3 — These are matching RSUs allocated in connection with the Reporting Person’s deferral of a portion of salary and/or annual cash incentive under the Company’s 2018 Management Stock Purchase Plan.
- F2 — RSUs are forfeited if service as an officer terminates before the 5th anniversary of the vesting commencement date; if service continues beyond that, RSUs are payable in cash (lump sum or in 5 or 10 annual installments as elected) beginning six months after termination. Each RSU converts to cash equal to the fair market value of one share at the date of termination.
Context
- This is an award of restricted stock units (a deferred, cash-settled equity-type award), not an open-market purchase or sale. The listed $0 acquisition price reflects that no cash was paid at grant; the eventual value to the insider will depend on the fair market value when the RSUs convert to cash per plan terms.