CRH (NYSE: CRH) CDO vests RSUs, uses 1,046 shares to cover taxes
Rhea-AI Filing Summary
CRH Public Ltd Co Chief Development Officer Philip Wheatley exercised 1,976 restricted share units into Ordinary Shares on May 13, 2026, receiving 2,003 shares from a time-based award granted in May 2025. To cover withholding taxes, 1,046 shares were sold at a volume-weighted average price of $110.4137. After these transactions, he directly holds 51,999 Ordinary Shares, with the remaining portions of the 5,928 RSU award scheduled to vest in May 2027 and May 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 957 shares
Net Buy
3 txns
Insider
Wheatley Philip
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,976 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 2,003 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 1,046 | $110.4137 | $115K |
Holdings After Transaction:
Restricted Share Units — 8,428 shares (Direct);
Ordinary Shares — 51,999 shares (Direct)
Footnotes (3)
- F1. Reflects the vesting and release of 1/3 of a time-based conditional award of 5,928 restricted share units ("RSU") granted under the CRH plc Equity Incentive Plan (the "EIP") on May 13, 2025 (including the award of 27 additional Ordinary Shares as dividend equivalents), of which a further 1/3 will vest on each grant anniversary in May 2027 and 2028, respectively.
- F2. Mandatory sale of sufficient Ordinary Shares to cover applicable withholding tax liabilities arising in connection with the aforementioned award.
- F3. The reported price represents the volume-weighted average price of shares sold. Sale prices for the reported transaction ranged between $109.02 and $111.515, inclusive. Full information regarding the Ordinary Shares sold will be provided to the SEC upon request.
Key Figures
RSUs vested: 1,976
Ordinary Shares acquired: 2,003
Shares sold for taxes: 1,046
+4 more
7 metrics
RSUs vested
1,976
Restricted share units vesting and converting on May 13, 2026
Ordinary Shares acquired
2,003
Ordinary Shares delivered upon RSU vesting on May 13, 2026
Shares sold for taxes
1,046
Mandatory sale of shares to cover withholding tax liabilities
VWAP for tax sale
$110.4137 per share
Volume-weighted average price; sale prices ranged $109.02–$111.515
Post-transaction holdings
51,999 Ordinary Shares
Direct Ordinary Shares held by Philip Wheatley after reported transactions
Original RSU award
5,928 RSUs
Time-based conditional RSU award granted May 13, 2025 including dividend equivalents
Future vesting dates
May 2027 and May 2028
Remaining one-third of RSU award vests on each future grant anniversary
Key Terms
time-based conditional award, Equity Incentive Plan, dividend equivalents, withholding tax liabilities, +1 more
5 terms
time-based conditional award financial
"Reflects the vesting and release of 1/3 of a time-based conditional award"
Equity Incentive Plan financial
"granted under the CRH plc Equity Incentive Plan ("EIP")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
dividend equivalents financial
"including the award of 27 additional Ordinary Shares as dividend equivalents"
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.
withholding tax liabilities financial
"cover applicable withholding tax liabilities arising in connection"
volume-weighted average price financial
"The reported price represents the volume-weighted average price of shares sold"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What RSU activity did CRH (CRH) report for Philip Wheatley?
CRH reported that Chief Development Officer Philip Wheatley had 1,976 restricted share units vest and convert into Ordinary Shares on May 13, 2026, delivering 2,003 shares from a time-based award originally granted on May 13, 2025 under the company’s equity incentive plan.
What is the vesting schedule of Wheatley’s CRH (CRH) RSU award?
The time-based conditional award totals 5,928 restricted share units, including dividend equivalents. One-third vested in May 2026, with a further one-third scheduled to vest on each grant anniversary in May 2027 and May 2028, subject to the plan’s conditions.