4Filed Jul 29, 8:00 PM ET

TREX Director James E. Cline Receives Award of 2,831 Shares

$TREX · TREX CO INC

Research Summary

AI-generated summary of this SEC filing

Updated

TREX Director James E. Cline Receives Award of 2,831 Shares

What Happened
James E. Cline, a director of TREX Co. Inc. (TREX), was granted 2,831 restricted stock units (RSUs) on 2026-07-29. The grant is reported at a per-share value of $42.39, for a total reported value of $120,006. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-29; Form 4 filed 2026-07-30 (timely filing).
  • Award: 2,831 RSUs at $42.39 per share; total value $120,006.
  • Vesting: These RSUs will vest on the first anniversary of the grant (per footnote).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Transaction type: Award/grant (A) — reflects compensation, not a market buy or sale.

Context
RSUs are compensation that convert into company shares upon vesting; they do not require an immediate cash purchase. Such grants are common for directors and executives as part of pay/retention programs and should be viewed as compensation-related, not necessarily a direct signal of personal buying or selling intent.