4Filed Jul 29, 8:00 PM ET

TREX Director Gerald Volas Receives $120k Restricted Stock Award

$TREX · TREX CO INC

Research Summary

AI-generated summary of this SEC filing

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TREX Director Gerald Volas Receives $120k Restricted Stock Award

What Happened
Gerald Volas, a director of Trex Co., received a grant of 2,831 restricted stock units (reported as an acquisition) on 2026-07-29. The award is reported at $42.39 per share for a total value of $120,006.

Key Details

  • Transaction date: 2026-07-29; Form 4 filed: 2026-07-30 (filed the next day).
  • Transaction type/code: Award/Grant (A) of restricted stock units.
  • Shares/units granted: 2,831 RSUs at $42.39 per share; total reported value ~$120,006.
  • Shares owned after transaction: Not reported in the provided filing excerpt.
  • Footnote: The RSUs vest on the first anniversary of the grant (2027-07-29).
  • Timeliness: Filing appears timely (filed the business day after the grant).

Context
Restricted stock units are compensation awards that convert to shares at vesting; they are not an open-market purchase or sale. Such grants are common director compensation and do not by themselves indicate a buy/sell market action by the insider until (and unless) the shares are sold after vesting.