Commercial Metals Co (NYSE: CMC) director gets 7 dividend-equivalent RSUs
Rhea-AI Filing Summary
Commercial Metals Co director Robert S. Wetherbee reported an acquisition tied to dividend equivalents on common stock. On July 15, 2026, he received 7 shares (valued at $67.41 per share) as dividend equivalents deemed deferred into additional restricted stock units. These units are fully vested and will be distributed in common shares following his termination of service as a director, consistent with his distribution election, bringing his direct holdings to 13,298 shares.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WETHERBEE ROBERT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7 | $67.41 | $471.87 |
Holdings After Transaction:
Common Stock — 13,298 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 7 shares
Price per share: $67.41 per share
Post-transaction holdings: 13,298 shares
3 metrics
Shares acquired
7 shares
Dividend equivalents deferred into additional restricted stock units on July 15, 2026
Price per share
$67.41 per share
Value assigned to the 7 credited shares in the Form 4 transaction
Post-transaction holdings
13,298 shares
Total direct holdings of Commercial Metals Co common stock after the award
Key Terms
dividend equivalents, restricted stock units, distribution election
3 terms
dividend equivalents financial
"Represents <b>dividend equivalents</b> deemed deferred into additional restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"deemed deferred into additional <b>restricted stock units</b> that are fully vested"
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.
distribution election financial
"distributable in shares of common stock following termination ... in accordance with the applicable <b>distribution election</b>"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CMC director Robert S. Wetherbee report?
Robert S. Wetherbee reported an acquisition of 7 shares of Commercial Metals Co common stock on July 15, 2026. These were dividend equivalents deferred into fully vested restricted stock units, valued at $67.41 per share and payable in stock after his board service ends.