CMC director awarded 7 dividend-equivalent shares
COMMERCIAL METALS Co director Robert S. Wetherbee reported receiving an acquisition of 7 shares of Common Stock on April 15, 2026, valued at $64.91 per share.
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Rhea-AI Filing Summary
COMMERCIAL METALS Co director Robert S. Wetherbee reported receiving an acquisition of 7 shares of Common Stock on April 15, 2026, valued at $64.91 per share. These were reported as a grant or award, increasing his directly owned holdings to 13,291 shares.
According to the footnote, the 7 shares represent dividend equivalents that were deemed deferred into additional restricted stock units. These units are fully vested and will be distributed in shares of common stock after his service as a Director ends, in line with his chosen distribution election.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7 | $64.91 | $454.37 |
Footnotes (1)
- F1. Represents dividend equivalents deemed deferred into additional restricted stock units that are fully vested and are distributable in shares of common stock following termination of services as a Director of the Company, in accordance with the applicable distribution election.
Key Figures
Key Terms
dividend equivalents financial
restricted stock units financial
distribution election financial
FAQ
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What did CMC director Robert S. Wetherbee report on this Form 4?
Was the CMC Form 4 transaction a market purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.