Tax withholding trims Commercial Metals (NYSE: CMC) CEO share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMMERCIAL METALS Co President and CEO Peter R. Matt had 4,685 shares of Common Stock withheld by the company on April 10, 2026 to satisfy tax withholding obligations tied to vested restricted stock units granted on April 10, 2023. Following this tax-withholding disposition, he directly holds 173,292 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MATT PETER R
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,685 | $65.57 | $307K |
Holdings After Transaction:
Common Stock — 173,292 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 4,685 shares
Tax-withholding price: $65.57 per share
Shares held after transaction: 173,292 shares
3 metrics
Shares withheld for taxes
4,685 shares
Tax-withholding disposition of Common Stock on April 10, 2026
Tax-withholding price
$65.57 per share
Value per share used for 4,685 withheld shares
Shares held after transaction
173,292 shares
Direct Common Stock ownership after tax-withholding disposition
Key Terms
tax withholding obligations, restricted stock units, tax-withholding disposition
3 terms
tax withholding obligations financial
"Represents shares withheld by CMC to satisfy tax withholding obligations in connection with the settlement of vested restricted stock units"
restricted stock units financial
"in connection with the settlement of vested restricted stock units granted on April 10, 2023"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did CMC President and CEO Peter R. Matt report?
Peter R. Matt reported a tax-withholding disposition of 4,685 shares of Commercial Metals Common Stock. These shares were withheld by the company to cover tax obligations from vested restricted stock units granted on April 10, 2023.
What triggered the tax-withholding transaction reported by CMC?
The tax-withholding arose from the settlement of vested restricted stock units that were originally granted on April 10, 2023. When those units vested, Commercial Metals withheld shares to satisfy associated tax obligations.