Commercial Metals Director Ups Stake to 24,854 Shares

Rhea-AI Filing Summary

Commercial Metals Company (CMC) Form 4 filing reports that director Gary E. McCullough received 714 shares of CMC common stock on 07/01/2025. The shares were issued in lieu of his quarterly cash retainer for board and committee service, a routine compensation election permitted under the company’s director compensation plan. The filing lists an accounting price of $50.71 per share, valuing the transaction at roughly $36.2 thousand. Following the issuance, McCullough’s direct ownership rises to 24,854 shares. No derivative securities were involved, and there were no dispositions.

The transaction represents a modest 2.9 % increase in the director’s holdings and does not reflect an open-market purchase. While insider accruals can signal alignment with shareholder interests, the small size and routine nature limit its market impact.

Positive

• Director increased ownership by 714 shares, showing continued equity alignment with shareholders.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine stock-in-lieu grant; marginally positive alignment, immaterial size.

The filing shows a standard director compensation election rather than a discretionary open-market buy. At $50.71, the 714-share award is worth about $36 k and increases the director’s stake to 24,854 shares, or roughly $1.26 m at the reference price. Such grants demonstrate continued equity alignment but provide no new insight into management’s outlook. Given CMC’s $5 bn+ market cap and average daily volume, this transaction is not impactful for valuation or liquidity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCCULLOUGH GARY E

(Last) (First) (Middle)

6565 N. MACARTHUR BLVD, SUITE 800

(Street)

IRVING TX 75039

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMMERCIAL METALS Co [ CMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		A		714(1)	A	$50.71	24,854	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares issued, at the election of the reporting person, in lieu of the quarterly cash retainer for board and committee service.

Remarks:

	By: Jody K. Absher For: Gary E. McCullough	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CMC shares did Director Gary E. McCullough acquire?

He acquired 714 shares of Commercial Metals Company common stock.

What was the transaction price for the shares?

The Form 4 lists a price of $50.71 per share.

Why were the shares issued to the director?

The shares were issued in lieu of the quarterly cash retainer for board and committee service.

How many CMC shares does McCullough own after this transaction?

He now directly owns 24,854 shares.

Was this an open-market purchase by the director?

No. It was a stock-in-lieu compensation grant, not an open-market buy.

Does the filing include any derivative securities transactions?

No; Table II shows no derivative securities acquired or disposed of.