Patrick Decker Files Form 3 at CRH — 932 RSUs Vest May 2026
Rhea-AI Filing Summary
Patrick Decker joined CRH plc's board as a non-management director and reported initial beneficial ownership. He directly holds 212 ordinary shares and received a pro rata, time-based Restricted Stock Unit award representing 932 RSUs, each convertible into one ordinary share. The RSUs reflect service from October 1, 2025, through the 2026 Annual General Meeting and are scheduled to fully vest in May 2026. Dividend equivalents will be reported when the award vests.
Positive
- Director appointment disclosed, aligning new director's interests with shareholders through equity awards
- RSU award disclosed with clear vesting schedule (full vesting in May 2026) and dividend equivalents to be reported at vesting
Negative
- None.
Insights
TL;DR New director appointment includes a modest direct stake and a time-based RSU grant that vests in May 2026.
The Form 3 discloses a small direct holding of 212 ordinary shares plus 932 RSUs tied to board service. The RSU grant is time-based, vests in May 2026, and includes dividend equivalents payable at vesting. For most investors, these amounts are immaterial to CRH's capitalization but signal standard director compensation alignment with shareholder interests.
TL;DR Disclosure shows routine director onboarding and standard equity-based compensation under the company's EIP.
The filing documents a typical initial compensation structure for a non-management director: a pro rata RSU award under the CRH plc Equity Incentive Plan, with full vesting tied to the next annual meeting. Reporting is consistent with Section 16 requirements and includes a power of attorney signature. No governance concerns are evident from the disclosed holdings.