Trex (TREX) Director Jay M. Gratz Receives Restricted Stock Award

What Happened
Jay M. Gratz, a director of Trex Co., received a grant of 2,831 restricted stock units (transaction code A) on July 29, 2026. The award is recorded at a per-share value of $42.39, for a total grant value of $120,006. This is an equity award (compensation/award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-29; Form 4 filed 2026-07-30 (timely filing).
• Grant size and value: 2,831 RSUs at $42.39 each; total $120,006.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest on the first anniversary of the grant (2027-07-29).
• Transaction type: A = Award/Grant (restricted stock units); no tax withholding or sale reported in this filing.

Context
Restricted stock units are a form of equity compensation that convert to shares (or their cash value) only after vesting. Such awards are common for directors and executives as part of pay programs and do not represent an immediate market purchase or sale — they become tradable only if and when they vest (here, one year from grant). This filing is informational and does not, by itself, indicate the insider’s personal trading intent.