COMMERCIAL METALS (NYSE: CMC) director granted 592 shares as board retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMMERCIAL METALS Co director John R. McPherson received additional company stock as part of his board compensation. On the reported date, he acquired 592 shares of common stock at $61.21 per share as a grant or award, issued at his election instead of the quarterly cash retainer for board and committee service.
After this transaction, McPherson directly holds 20,495 shares of common stock and also reports 6,722 shares held indirectly through a limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McPherson John R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 592 | $61.21 | $36K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,495 shares (Direct, null);
Common Stock — 6,722 shares (Indirect, By Limited Partnership)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 592 shares
Grant price: $61.21/share
Direct holdings after grant: 20,495 shares
+1 more
4 metrics
Shares granted
592 shares
Grant, award, or other acquisition of common stock
Grant price
$61.21/share
Price per share for 592-share equity grant
Direct holdings after grant
20,495 shares
Common stock directly owned following the transaction
Indirect holdings
6,722 shares
Common stock held indirectly by limited partnership
Key Terms
Grant, award, or other acquisition, quarterly cash retainer, By Limited Partnership
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly cash retainer financial
"shares issued in lieu of the quarterly cash retainer for board and committee service"
By Limited Partnership financial
"nature_of_ownership: By Limited Partnership"
FAQ
What did CMC director John R. McPherson report in this Form 4?
John R. McPherson reported receiving 592 shares of COMMERCIAL METALS Co common stock as a grant or award. These shares were issued in lieu of his quarterly cash retainer for board and committee service, reflecting routine equity-based director compensation rather than an open-market purchase.
Is the CMC Form 4 transaction a market buy or compensation grant?
The transaction is a compensation-related grant, not a market buy. The Form 4 characterizes it as a grant, award, or other acquisition, and a footnote explains the shares were issued instead of the quarterly cash retainer for McPherson’s board and committee service.