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CEO Gary Robinette, Ply Gem Holdings, Inc. Insider Buys $274,000 of Shares

CEO Gary Robinette, Ply Gem Holdings, Inc. Insider Buys $274,000 of Shares on May, 15th 2014

Gary Robinette, CEO of Ply Gem Holdings, Inc., bought 25,000 shares of Ply Gem Holding, Inc. (Stock Symbol: Enter PGEM) at $10.96 per share for a total amount of $2.74 million on May, 15th 2014.

Ply Gem Holdings, Inc. is based in Cary, NC.

On 05/12/2014, Ply Gem Holdings, Inc. announced its latest quarterly results. Ply Gem Holdings, Inc. (“Ply Gem” or the “Company”) (PGEM), a leading manufacturer of exterior building products in North America, today announced financial results for the quarter ended March 29, 2014.

According to Capital IQ, Ply Gem Holdings, Inc. has a market cap of $731.32 million, an enterprise value of $1.60 billion.

Ply Gem Holdings, Inc., together with its subsidiaries, manufactures and sells residential and commercial building products primarily in the United States and Canada. The company operates in two segments: Siding, Fencing and Stone; and Windows and Doors. The Siding, Fencing and Stone segment primarily offers vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and mouldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, vinyl fence, vinyl and composite railing, and stone veneer products, as well as injection molded designer accents, such as shakes, shingles, scallops, shutters, vents, and mounts. This segment sells its products under the Variform, Napco, Mastic Home Exteriors, Mitten, Procana, Cellwood, Ply Gem, Leaf Relief, Leaf Relief Snap Tight, Leaf Smart, Leaf Logic, and Ply Gem Stone brand names, as well as through the Georgia-Pacific and Durabuilt private label brand names. The Windows and Doors segment provides vinyl, aluminum-clad vinyl, aluminum, wood, and clad-wood windows and patio doors; and steel, wood, and fiberglass entry doors. This segment sells its products under Ply Gem Windows, Great Lakes Window, Mastic by Ply Gem, Ply Gem Canada, Gienow brand names. This segment sells its products for use in new home construction, and the home repair and remodeling sectors through independent building material dealers, regional/national lumberyard chains, builder direct/OEMs, and retail home centers. Ply Gem Holdings serves residential and commercial construction, manufactured housing, do-it-yourself, and professional remodeling and renovation markets. The company was incorporated in 2004 and is headquartered in Cary, North Carolina. Ply Gem Holdings, Inc. is a subsidiary of Ply Gem Prime Holdings, Inc.

Gary Robinette’s most recent annual compensation from Ply Gem Holdings Inc. is a salary of $2,300,000, $30,627 in other compensation, and a total compensation of $3,530,630. Mr. Robinette is 65 years old.

According to his biography, Mr. Gary E. Robinette is Vice Chairman of the Board, President, Chief Executive Officer of Ply Gem Holdings Inc. Prior to joining Ply Gem, Mr. Robinette served as Executive Vice President and COO at Stock Building Supply, formerly a Wolseley company, since September 1998, and was also a member of the Wolseley North American Management board of directors. Mr. Robinette held the position of President of Erb Lumber Inc., a Wolseley company, from 1993 to 1998 and served as Chief Financial Officer and Vice President of Carolina Holdings which was the predecessor company of Stock Building Supply. Mr. Robinette received a BS in accounting from Tiffin University and a MBA from Xavier University, where he is a member of the Board of Trustees. He is also a member of the Policy Advisory Board of Harvard University’s Joint Center for Housing Studies and serves on the board of directors for three companies sponsored by private equity firms.

All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com .

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.