Commercial Metals (CMC) director reports 31 dividend-equivalent share units on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commercial Metals Company director John R. McPherson reported a small equity-related change in his holdings. On 02/02/2026, he acquired 31 shares of common stock, representing dividend equivalents deemed deferred into additional restricted stock units at a reference price of $80.38 per share. These units are fully vested and will be distributed in common shares after his service as a director ends, according to his elected distribution terms. Following this, he beneficially owns 19,285 common shares directly and 6,722 common shares indirectly through a limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McPherson John R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31 | $80.38 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,285 shares (Direct);
Common Stock — 6,722 shares (Indirect, By Limited Partnership)
Footnotes (1)
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FAQ
What did CMC director John R. McPherson report in this Form 4?
John R. McPherson reported acquiring 31 common stock equivalents in Commercial Metals Company. These came from dividend equivalents converted into fully vested restricted stock units, which will be distributed in common shares after his board service ends, under his chosen distribution election.
When will the dividend-equivalent restricted stock units be distributed to John R. McPherson?
The restricted stock units created from dividend equivalents will be distributed in Commercial Metals common stock after McPherson’s termination of service as a director. The timing follows his applicable distribution election under the company’s director compensation arrangements.