CMC (CMC) director granted 1,214 restricted shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dumais Michael R reported acquisition or exercise transactions in this Form 4 filing.
COMMERCIAL METALS Co director Michael R. Dumais received a compensation-related stock grant, not an open-market trade. He was awarded 1,214 shares of common stock at a reference price of $71.14 per share. These shares are a Restricted Stock Award under the 2013 Long-Term Equity Incentive Plan and will vest on a one-for-one basis in common stock on the first anniversary of the grant date. After this award, Dumais directly holds a total of 9,214 shares of COMMERCIAL METALS Co common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dumais Michael R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,214 | $71.14 | $86K |
Holdings After Transaction:
Common Stock — 9,214 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted Stock Award size: 1,214 shares
Grant value per share: $71.14 per share
Total shares after grant: 9,214 shares
+1 more
4 metrics
Restricted Stock Award size
1,214 shares
Common Stock grant to director on transaction date
Grant value per share
$71.14 per share
Reference price for Restricted Stock Award
Total shares after grant
9,214 shares
Director’s direct holdings following the transaction
Vesting period
1 year
Award vests on first anniversary of grant date
Key Terms
Restricted Stock Award, 2013 Long-Term Equity Incentive Plan, Common Stock
3 terms
Restricted Stock Award financial
"Represents the grant of a Restricted Stock Award issued under the 2013 Long-Term Equity Incentive Plan"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2013 Long-Term Equity Incentive Plan financial
"Restricted Stock Award issued under the 2013 Long-Term Equity Incentive Plan that vests on a 1:1 basis"
Common Stock financial
"Represents the grant of a Restricted Stock Award issued under the 2013 Long-Term Equity Incentive Plan that vests on a 1:1 basis solely in common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did COMMERCIAL METALS Co (CMC) disclose for Michael R. Dumais?
COMMERCIAL METALS Co reported that director Michael R. Dumais received 1,214 shares of common stock as a Restricted Stock Award. The grant is compensation under the company’s 2013 Long-Term Equity Incentive Plan rather than a market purchase or sale of existing shares.
Was the CMC Form 4 for Michael R. Dumais a stock purchase or a grant?
The Form 4 for Michael R. Dumais reflects a stock grant, not a purchase. He received 1,214 shares as a Restricted Stock Award, issued under the 2013 Long-Term Equity Incentive Plan, as part of his director compensation rather than an open-market buy transaction.
What are the vesting terms of Michael R. Dumais’s Restricted Stock Award at COMMERCIAL METALS Co?
The Restricted Stock Award granted to Michael R. Dumais vests on a one-for-one basis solely in common stock. According to the filing, all 1,214 awarded shares vest on the first anniversary of the grant date, assuming the standard conditions of the equity plan are satisfied.