Commercial Metals settles 57,795 CEO performance shares
The 49,934 restricted stock units vest in three equal installments beginning on the first anniversary of the October 12, 2026 grant.
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Rhea-AI Filing Summary
Commercial Metals Co. (CMC) President and CEO Peter R. Matt had 57,795 previously awarded performance shares settled on October 12, 2026. CMC withheld 22,743 shares to satisfy tax withholding obligations, at $63.89 per share. Matt also received a grant of 49,934 restricted stock units.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 57,795 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 22,743 | $63.89 | $1.45M |
| Grant/Award | Common Stock F3 | 49,934 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents the settlement of previously awarded performance shares granted on October 9, 2023.
- F2. Represents shares withheld by CMC to satisfy tax withholding obligations in connection with the settlement of previously awarded performance shares granted on October 9, 2023.
- F3. On October 12, 2026, the reporting person was granted an award of restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock units financial
vesting financial
settlement financial
FAQ
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When do Peter R. Matt's CMC restricted stock units vest?
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