TREX Director David Keffer Receives 2,831-Share RSU Award
$TREX · TREX CO INCResearch Summary
AI-generated summary of this SEC filing
TREX Director David Keffer Receives 2,831-Share RSU Award
What Happened David Christian Keffer, a director of Trex Co. Inc. (TREX), was granted 2,831 restricted stock units (RSUs) on July 29, 2026. The grant is reported at $42.39 per share, giving a notional value of approximately $120,006. This transaction is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-29; reported on Form 4 filed 2026-07-30 (timely filing).
- Grant size and price: 2,831 RSUs at $42.39 per share (total value ≈ $120,006).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The RSU award vests on the first anniversary of the grant (2027-07-29).
- Transaction type: Award/Grant (Code A). No 10b5-1, tax-withholding, or sale information specified.
Context RSUs are a form of equity compensation that typically convert to actual shares when they vest; this award appears to be a standard retention/compensation grant with a one-year vesting schedule. Because this was a grant (not a purchase or sale), it reflects compensation rather than an immediate trading signal. Any tax or withholding actions at vesting are not described in the filing.