Commercial Metals awards Absher an 11,486-unit stock grant
The reported activity combines settlement of a 2023 performance-share award, tax withholding, and restricted stock units vesting in three equal installments.
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Rhea-AI Filing Summary
Commercial Metals Co reported that Jody K. Absher, SVP, Chief Legal Officer & Sec, received settlement of 8,348 previously awarded performance shares on October 12, 2026. CMC withheld 3,285 shares to satisfy tax withholding obligations; the withholding transaction reported a price of $63.89 per share. That day, Absher was granted 11,486 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8,348 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 3,285 | $63.89 | $210K |
| Grant/Award | Common Stock F3 | 11,486 | $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
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