Commercial Metals (CMC) director takes 592-share stock grant instead of cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCULLOUGH GARY E reported acquisition or exercise transactions in this Form 4 filing.
COMMERCIAL METALS Co director Gary E. McCullough received a grant of 592 shares of Common Stock on July 1, 2026. The shares were issued at his election in lieu of the quarterly cash retainer for board and committee service, so this is compensation rather than an open-market purchase. Following the award, he directly holds 29,362 shares of Commercial Metals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCULLOUGH GARY E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 592 | $61.21 | $36K |
Holdings After Transaction:
Common Stock — 29,362 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 592 shares
Grant price per share: $61.21 per share
Shares owned after grant: 29,362 shares
+2 more
5 metrics
Shares granted
592 shares
Common Stock grant on July 1, 2026
Grant price per share
$61.21 per share
Value used for the stock retainer in lieu of cash
Shares owned after grant
29,362 shares
Total direct holdings following the Form 4 transaction
Acquisition transactions
1 transaction
Single grant, award, or other acquisition reported
Net buy/sell direction
Neutral
No open-market buys or sells reported in this filing
Key Terms
Grant, award, or other acquisition, quarterly cash retainer, Common Stock, direct ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly cash retainer financial
"in lieu of the quarterly cash retainer for board and committee service"
Common Stock financial
"security_title: 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.
direct ownership financial
"ownership_type: direct; total_shares_following_transaction: 29362.0000"
FAQ
What did Commercial Metals (CMC) director Gary McCullough report on this Form 4?
Gary McCullough reported receiving 592 shares of Commercial Metals common stock. The shares were issued as part of his director compensation, taken in stock instead of the regular quarterly cash retainer for serving on the board and its committees.
Is the Gary McCullough Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not an open-market stock purchase. Shares were issued at McCullough’s election in lieu of his quarterly cash retainer for board and committee service, classified as a grant, award, or other acquisition.
What does the footnote in Gary McCullough’s Commercial Metals Form 4 explain?
The footnote explains that the 592 shares were issued at McCullough’s election in lieu of his quarterly cash retainer for board and committee service. This clarifies the award is part of routine director compensation, not a discretionary market trade.