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Trex Company, Inc. (TREX) Form 4: On 07/30/2025 director Melkeya McDuffie reported the acquisition of 1,812 common shares through a transaction coded 鈥淎鈥�, identified as a restricted stock unit (RSU) award. The filing lists a reference price of $66.23 per share. Following the grant, the director鈥檚 direct beneficial ownership doubled to 3,604 shares.

The RSU award will vest in full on the first anniversary of the grant. No derivative securities, sales or additional insider transactions were disclosed. The transaction modestly increases insider equity alignment but does not materially alter the company鈥檚 share structure.

Trex Company, Inc. (TREX) 鈥� Form 4 insider filing dated 31 Jul 2025 reports that director Patricia B. Robinson acquired 1,812 shares of TREX common stock on 30 Jul 2025. The acquisition, coded 鈥淎,鈥� represents a restricted stock unit (RSU) grant issued at an accounting value of $66.23 per share. The RSU vests on the first anniversary of the grant. Following the award, Robinson鈥檚 direct holdings rise to 70,331 shares, an increase of roughly 2.6%. No derivative securities were bought or sold, and no open-market cash outlay was disclosed. The transaction appears to be routine board compensation, offering a modest alignment signal rather than a market-moving event.

Ashford Hospitality Trust, Inc. (NYSE: AHT) filed a Form 8-K on 31 Jul 2025 to comply with Regulation FD.

• Item 7.01: The company held its Q2 2025 earnings conference call on 31 Jul 2025 and has furnished the full transcript as Exhibit 99.1. The corresponding earnings release and supplemental tables were filed separately the same day.
• The furnished materials are not deemed 鈥渇iled鈥� under the Exchange Act and will only be incorporated into other SEC documents if specifically referenced.
• Item 9.01: Lists the transcript (Ex. 99.1) and the Inline XBRL cover page file (Ex. 104).
• No quantitative financial results, guidance, or strategic announcements are included in the body of this 8-K.

The filing is largely administrative鈥攁lerting investors that the earnings call transcript is available鈥攚ithout presenting new financial data or disclosing material events.

Trex Company, Inc. (TREX) filed a Form 4 reporting that director David Christian Keffer acquired 1,584 shares of Trex common stock on 07/30/2025. The transaction is coded 鈥淎,鈥� denoting an acquisition, and stems from a restricted stock unit (RSU) grant that will vest on the first anniversary of the grant. The filing lists an indicative price of $66.23. After the award, Keffer鈥檚 direct beneficial ownership increased to 2,948 shares. No dispositions or derivative security transactions were reported. The document was signed by attorney-in-fact Amy M. Fernandez on 07/31/2025.

The disclosure reflects a modest increase in insider ownership but contains no operational or financial performance data.

Sage Therapeutics (SAGE) 鈥� Form 4, 31 Jul 2025. President & CEO Barry E. Greene reports automatic disposition of all remaining equity as Sage was merged into Supernus Pharmaceuticals on the same date. Two non-derivative lines show:

• 46,940 common shares coded 鈥淯鈥� (exempt) and 53,229 shares coded 鈥淒鈥�, both cancelled for $8.50 cash per share plus one contingent value right (CVR) of up to $3.50.

Derivative table records cancellation of 174,000 stock options (exercise price $6.97) for cash equal to the $8.50鈥搒trike spread and one CVR per underlying share. Options with strikes 鈮� $8.50 received no consideration (per footnote 3). After settlement, Greene reports 0 shares and 0 options held.

Filings confirm the closing of the cash-tender-offer merger first announced 13 Jun 2025. Sage common stock will cease trading; shareholders now hold cash and CVRs that may add up to $3.50 per share on milestone achievement.

On 30 Jul 2025 Trex Company (TREX) filed a Form 4 disclosing that director Kristine L. Juster received 1,812 shares of common stock through a restricted stock unit (RSU) award, coded "A" for acquisition. The reference price reported for the units is $66.23. After the grant, Juster directly owns 12,898 TREX shares. The RSUs will vest on the first anniversary of the grant, providing a deferred equity incentive.

No shares were sold and no derivative securities were exercised or disposed of. The filing reflects routine director compensation rather than an open-market purchase and does not affect the company鈥檚 outstanding share count or disclose any operational or financial information. While the transaction modestly increases insider ownership and may be viewed as a sign of alignment with shareholders, it is not expected to have a material impact on Trex鈥檚 valuation or trading dynamics.

Trex Company (TREX) Form 4: Director Jay M. Gratz reported the acquisition of 1,812 shares of common stock on 07/30/2025, coded 鈥淎鈥� (acquisition). The shares represent a restricted stock unit (RSU) grant that vests in full one year after the grant date. A reference price of $66.23 implies an award value of roughly $120 k. After the award, Gratz鈥檚 direct beneficial ownership increases to 30,874 shares.

No dispositions, derivative security trades, or Rule 10b5-1 transactions were disclosed. The filing was signed on 07/31/2025.

• Shares acquired: 1,812 (RSU)
• Post-transaction holdings: 30,874
• Implied award value: 鈮� $120 k

The grant modestly enhances insider alignment but does not constitute an open-market purchase and is unlikely to be material to TREX鈥檚 valuation.

Trex Company, Inc. (TREX) has filed a Form 4 showing that director James E. Cline received 1,812 shares of common stock on 30-Jul-2025. The transaction is coded 鈥淎,鈥� signifying an issuer-granted restricted stock unit (RSU) rather than an open-market purchase; the RSUs will vest one year after the grant. The filing lists a reference price of $66.23, putting the notional value of the award at roughly $120 k. After the grant, Cline鈥檚 direct holdings rise to 42,976 shares.

No derivative securities were reported, and no shares were sold. Although the size of the award is small relative to Trex鈥檚 market capitalization, the additional ownership increment may signal ongoing insider alignment with shareholder interests.

Trex Company, Inc. (TREX) 鈥� Form 4 filing dated 07 July 2025

Senior Vice-President & Chief Human Resources Officer Jacob T. Rudolph reported the purchase of 66 shares of Trex common stock at $46.22 per share on 03 July 2025 under the company鈥檚 Amended and Restated 1999 Employee Stock Purchase Plan. The transaction increases his direct holdings to 27,593 shares. No derivative transactions were reported. The filing is a single-person submission and does not amend prior reports.

The dollar value of the trade is roughly $3,050, representing an immaterial fraction of Trex鈥檚 market capitalization; however, insider purchases can signal executive confidence, particularly when they occur in the open market rather than via automatic option exercises.