CRH (CRH) Chief Development Officer logs RSU vesting and mandatory tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRH PUBLIC LTD CO Chief Development Officer Philip Wheatley reported routine equity compensation activity. On May 13, 2026, a time-based award of 5,928 restricted share units granted on May 13, 2025 partially vested, releasing 1,976 ordinary shares, including 27 dividend-equivalent shares. In connection with this vesting, 1,046 ordinary shares were mandatorily disposed of to cover withholding tax liabilities at a volume-weighted average price of $110.4137 per share, with sale prices ranging from $109.02 to $111.515. Following these transactions, Wheatley directly holds 53,045 ordinary shares and 8,428 restricted share units, with the remaining thirds of the award scheduled to vest on grant anniversaries in May 2027 and May 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,976 shares exercised/converted
Mixed
3 txns
Insider
Wheatley Philip
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,976 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,003 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,046 | $110.4137 | $115K |
Holdings After Transaction:
Restricted Share Units — 8,428 shares (Direct, null);
Ordinary Shares — 53,045 shares (Direct, null)
Footnotes (1)
- 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. Mandatory sale of sufficient Ordinary Shares to cover applicable withholding tax liabilities arising in connection with the aforementioned award. 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
Tax-withholding shares disposed: 1,046 shares
VWAP for disposed shares: $110.4137 per share
RSUs vested into shares: 1,976 shares
+4 more
7 metrics
Tax-withholding shares disposed
1,046 shares
Mandatory disposition to cover withholding taxes on award vesting
VWAP for disposed shares
$110.4137 per share
Volume-weighted average price for tax-withholding sale
RSUs vested into shares
1,976 shares
Portion of 5,928-unit time-based RSU award vesting on May 13, 2026
RSU award size
5,928 restricted share units
Time-based conditional award under CRH plc Equity Incentive Plan
Ordinary shares held after transactions
53,045 shares
Direct ordinary share holdings following reported Form 4 activity
RSUs held after transactions
8,428 RSUs
Remaining restricted share units after partial vesting
Sale price range
$109.02–$111.515 per share
Price range for mandatory tax-withholding sale
Key Terms
restricted share units, Equity Incentive Plan, withholding tax liabilities, volume-weighted average price, +1 more
5 terms
Equity Incentive Plan financial
"restricted share units ("RSU") granted under the CRH plc Equity Incentive Plan (the "EIP") on May 13, 2025"
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.
withholding tax liabilities financial
"Mandatory sale of sufficient Ordinary Shares to cover applicable withholding tax liabilities arising in connection with the aforementioned award."
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.
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.
FAQ
What insider transactions did CRH (CRH) Chief Development Officer Philip Wheatley report?
Philip Wheatley reported vesting of restricted share units and related tax withholding. A portion of his RSU award converted into ordinary shares, and 1,046 shares were mandatorily disposed of to cover withholding taxes, reflecting routine equity compensation activity rather than discretionary open-market trading.
What RSU award vested for CRH (CRH) executive Philip Wheatley on May 13, 2026?
One third of a time-based conditional award of 5,928 restricted share units vested, including 27 additional ordinary shares as dividend equivalents. This vesting released 1,976 ordinary shares, with the remaining two thirds scheduled to vest on grant anniversaries in May 2027 and May 2028.