Watorek Jeffrey J. 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) VP/Treasurer Jeffrey Watorek Receives Award
What Happened
Jeffrey J. Watorek, Vice President and Treasurer of Gibraltar Industries, was granted 86.94 restricted stock units (RSUs) on 2026-06-30. The grant is reported as a derivative acquisition at $0.00 per unit (typical for compensation awards). These RSUs are described in the filing as matching awards tied to the Reporting Person's deferrals under the company's 2018 Management Stock Purchase Plan.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (timely filing).
- Transaction type: Award/Grant of 86.94 RSUs (code A); reported acquisition price $0.00.
- Shares/units owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1/F3: RSUs are matching units allocated for deferral of base salary and/or annual cash incentive under the 2018 Management Stock Purchase Plan.
- F2: RSUs are forfeited if service ends 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) beginning six months after termination. Each RSU converts to cash equal to the fair market value of one share on the termination date.
- Filing timeliness: Report appears timely (within Form 4 filing window).
Context
This was a compensation award (cash-settled RSUs), not an open-market purchase or sale. Such awards are routine compensation/deferral-matching arrangements and do not necessarily indicate a buy or sell signal; these particular RSUs convert to cash (not necessarily shares) and include forfeiture/vesting conditions tied to continued service.
Insider Transaction Report
- Award
Restricted Stock Unit (2018 MSPP Match)
[F1][F2][F3]2026-06-30+86.94→ 1,632.44 total→ Common Stock (86.94 underlying)
- 16,576
Common Stock
- 333.905(indirect: By 401(k))
Common Stock (401k)
Footnotes (3)
- [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.