Gibraltar (ROCK) CEO William T. Bosway Receives 518 RSUs

What Happened

• William T. Bosway, President & CEO and a director of Gibraltar Industries, was granted 518.16 restricted stock units (RSUs) on 2026-09-30. The grant is reported as a derivative award with an acquisition price of $0.00 (a compensation grant rather than an open‑market purchase).

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (appears timely).
• Award: 518.16 RSUs, reported as "A" (award/other acquisition); acquisition price $0.00.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: The RSUs are matching awards tied to Bosway's deferral of base salary and/or annual cash incentive under the Company's 2018 Management Stock Purchase Plan (see F1, F3, F4). The units are subject to forfeiture if service ends before the fifth anniversary of the vesting commencement date and, if vested, are payable solely in cash (lump sum or installments) converting each RSU to an amount equal to the fair market value of one share at termination (see F2, F5).
• Derivative nature: these are cash‑settled RSUs (not immediate common stock), so they do not increase Gibraltar’s outstanding share count until/if and when settled in cash.

Context

• This is a compensation award (routine executive grant) rather than an outright purchase or sale. Such RSU grants compensate executives and are common; they do not necessarily indicate the insider's view of the stock’s near‑term prospects.