Research Summary
AI-generated summary of this SEC filing
Trex (TREX) SVP Brian J. Taylor Receives Stock Award
What Happened Brian J. Taylor, Senior Vice President and Chief Commercial Officer of Trex Co., received a restricted stock unit (RSU) award of 9,520 shares on August 24, 2026. The award was valued at $47.27 per share for a total grant value of $450,010. This was an equity award (not an open-market purchase or sale) as part of compensation.
Key Details
- Transaction date and terms: 2026-08-24; 9,520 RSUs @ $47.27 each; total value $450,010 (transaction code A = award/grant).
- Vesting: The award vests in three equal annual installments on Aug 24, 2027; Aug 24, 2028; and Aug 24, 2029 (per filing footnote).
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Filing timeliness: Form 4 filed 2026-08-28 (four days after the transaction). SEC rules generally require reporting within two business days, so this filing appears later than the typical deadline.
Context RSU grants are a common form of executive compensation and do not by themselves indicate buying or selling sentiment in the market. The award will convert into shares as it vests over the next three years unless additional terms (noted above) apply.