CMC director receives dividend-equivalent stock award
COMMERCIAL METALS Co director Dennis V. Arriola reported a small equity award tied to dividend equivalents.
Sentiment and the balance of points
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Rhea-AI Filing Summary
COMMERCIAL METALS Co director Dennis V. Arriola reported a small equity award tied to dividend equivalents. He acquired 22 shares of common stock on a grant/award basis, using a reference price of $64.91 per share. Following this award, his directly held and deferred equity position totals 9,277 shares.
The footnote explains these 22 shares represent dividend equivalents deemed deferred into additional fully vested restricted stock units. They will be distributed in shares of common stock after his service as a director ends, according to his elected distribution terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22 | $64.91 | $1K |
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
grant, award, or other acquisition financial
termination of services financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did COMMERCIAL METALS Co (CMC) report for Dennis V. Arriola?
Was the CMC Form 4 transaction a market purchase or a compensation award?
What does the footnote about dividend equivalents mean in the CMC Form 4?
Does the CMC Form 4 indicate any stock sales by Dennis V. Arriola?
AI-generated analysis. How Rhea-AI works. Not financial advice.