Commercial Metals Co (NYSE: CMC) director receives dividend-equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Commercial Metals Co. director Tandra C. Perkins received an acquisition of 19.0000 shares of Common Stock on 2026-07-15, reported as a grant/award. A footnote explains this represents dividend equivalents deferred into fully vested restricted stock units, distributable in common shares after her board service ends. Following this award, her direct holdings total 6171.0000 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perkins Tandra C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19 | $67.41 | $1K |
Holdings After Transaction:
Common Stock — 6,171 shares (Direct)
Footnotes (1)
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Key Figures
Shares Granted: 19.0000 shares
Grant Value Per Share: $67.4100 per share
Post-Transaction Holdings: 6171.0000 shares
+1 more
4 metrics
Shares Granted
19.0000 shares
Grant/award acquisition credited as dividend-equivalent RSUs on 2026-07-15
Grant Value Per Share
$67.4100 per share
Per-share value used for the dividend-equivalent restricted stock unit credit
Post-Transaction Holdings
6171.0000 shares
Direct Common Stock holdings following the reported award
Transaction Date
2026-07-15
Date of the dividend-equivalent restricted stock unit grant/award
Key Terms
dividend equivalents, restricted stock units, distribution election
3 terms
dividend equivalents financial
"Represents dividend equivalents 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 restricted stock units 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 of services ... in accordance with the applicable distribution election"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CMC director Tandra C. Perkins acquire in this Form 4 filing?
CMC director Tandra C. Perkins acquired 19.0000 shares of Common Stock via a grant/award. A footnote clarifies these are dividend equivalents deferred into additional restricted stock units that are fully vested and will be settled in common shares.
What are dividend equivalents in the COMMERCIAL METALS Co (CMC) director’s award?
The filing states the 19.0000-share award represents dividend equivalents deemed deferred into additional restricted stock units. These units are fully vested and mirror dividends paid on CMC stock, accumulating value to be delivered later in common shares.
When will the COMMERCIAL METALS Co (CMC) restricted stock units for Tandra C. Perkins be distributed?
The restricted stock units linked to dividend equivalents are distributable in shares of common stock after Perkins’ termination of services as a Director, in line with the applicable distribution election described in the footnote.