---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-086881"
form_type: "8-K"
ticker: "TREX"
cik: "0001069878"
company_name: "TREX CO INC"
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T21:59:09.059719+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Trex enters $100M accelerated share repurchase with Wells Fargo; initial delivery of ~1.9M shares

## Summary
- Prepaid $100M to Wells Fargo on Feb 27; received ~1.9M shares initially, valued at ~80% of prepayment at Feb 26 close.
- Final share count based on volume-weighted average price during period ending May 21, 2026; Wells Fargo may accelerate valuation from Apr 9.
- Funded through line of credit; ASR intended to comply with Rule 10b5-1(c) and 10b-18.
- At settlement, Wells Fargo may deliver additional shares or Trex may pay cash if final shares less than initial; company subject to typical buyback restrictions.

## SEC filing metadata
- accession: 0001193125-26-086881
- form_type: 8-K
- ticker: TREX
- cik: 0001069878
- company_name: TREX CO INC
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069878/000119312526086881/0001193125-26-086881-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069878/000119312526086881/trex-20260303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-086881
- JSON: https://secwatch.observer/filing/0001193125-26-086881.json
- Plain text: https://secwatch.observer/filing/0001193125-26-086881.txt

## Key facts
- Material Agreements
  TREX CO INC entered into Forward Share Repurchase Transaction Confirmation with Wells Fargo Bank, National Association valued at $100,000,000 (effective 2026-02-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Wells Fargo Bank, National Association
  - Value: $100,000,000
  - Effective: 2026-02-26
  source text: On February 26, 2026, Trex Company, Inc. (the “Company”) entered into a Forward Share Repurchase Transaction Confirmation (the “Confirmation”) with Wells Fargo Bank, National Association (“Wells Fargo”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069878/000119312526086881/0001193125-26-086881-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.