Catlett Janet Anne 4
4 · GIBRALTAR INDUSTRIES, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Gibraltar (ROCK) VP Janet Catlett Sells 184 Shares for Taxes
What Happened
Janet Anne Catlett, Vice President and Chief Human Resources Officer of Gibraltar Industries (ROCK), had 184 shares disposed on March 1, 2026 to satisfy tax withholding obligations tied to restricted stock units. The shares were disposed at $45.48 each for a total value of $8,368. This was a tax-withholding disposition (transaction code F), a routine administrative sale rather than a market-timed sale for investment purposes.
Key Details
- Transaction date: 2026-03-01; Price: $45.48; Shares disposed: 184; Total value: $8,368.32.
- Transaction type/code: F — payment of exercise price or tax liability (tax withholding).
- Shares owned after transaction: not specified in the Form 4 filing.
- Filing date: 2026-03-03 (filed within the typical two-business-day Form 4 window).
- Relevant footnotes: F1/F3 indicate these were matching/allocated restricted stock units from the Company’s 2018 Management Stock Purchase Plan tied to deferrals of salary/incentive pay. F2/F4 explain vesting/forfeiture and that the RSUs are ultimately payable in cash per plan terms.
Context: This was a routine tax-withholding disposition related to RSUs, a common administrative action when awards vest or become payable. Such transactions are not direct purchases or investment signals; the filing shows tax-related share disposition rather than an open-market sale for investment reasons.
Insider Transaction Report
- Tax Payment
Common Stock
2026-03-01$45.48/sh−184$8,368→ 13,769 total
- 2,052.45
Restricted Stock Unit (2018 MSPP Match)
[F1][F2]→ Common Stock (2,052.45 underlying) - 866.44
Restricted Stock Unit (2018 MSPP)
[F3][F4]→ Common Stock (866.44 underlying)
Footnotes (4)
- [F1]Represents matching restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual base salary and annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F2]Restricted stock units are forfeited if Reporting Person's service as an officer of the Company is terminated prior to the fifth (5th) anniversary of the Reporting Person's vesting commencement date. If service as an officer continues beyond the fifth (5th) anniversary of the Reporting Person's vesting commencement date, restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.
- [F3]Represents restricted stock units allocated to the Reporting Person with respect to the Reporting Person's deferral of a portion of their annual cash incentive compensation pursuant to the Company's 2018 Management Stock Purchase Plan.
- [F4]Restricted stock units are payable solely in cash in one lump sum payment or in five (5) or ten (10) consecutive, substantially equal annual installments, whichever distribution form is elected by the Reporting Person, beginning six (6) months following termination of service. Each restricted stock unit is converted to cash in an amount equal to the fair market value of one share of the Company's common stock, as defined in the Company's 2018 Management Stock Purchase Plan, on the date of termination of the Reporting Person's service as an officer of the Company.