CRH (CRH) strategy chief vests RSUs, sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRH PUBLIC LTD CO Chief Strategy Officer Juan Pablo San Agustin reported routine equity compensation activity. On May 13, 2026, 2,708 restricted share units converted into Ordinary Shares as part of a time-based award granted in May 2025.
To cover withholding tax obligations from this vesting, 1,247 Ordinary Shares were mandatorily sold at a volume-weighted average price of $110.4333, within a range of $109.2007 to $111.515. After these transactions, he held 51,844 Ordinary Shares directly and 12,336 restricted share units, indicating a net increase in his equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,708 shares exercised/converted
Mixed
3 txns
Insider
San Agustin Juan Pablo
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 2,708 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,745 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,247 | $110.4333 | $138K |
Holdings After Transaction:
Restricted Share Units — 12,336 shares (Direct, null);
Ordinary Shares — 51,844 shares (Direct, null)
Footnotes (1)
- Reflects the vesting and release of 1/3 of a time-based conditional award of 8,124 restricted share units ("RSU") granted under the CRH plc Equity Incentive Plan (the "EIP") on May 13, 2025 (including the award of 37 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 $109.2007 and $111.515, inclusive. Full information regarding the Ordinary Shares sold will be provided to the SEC upon request.
Key Figures
RSUs vested: 2,708 shares
Shares sold for taxes: 1,247 shares
VWAP sale price: $110.4333 per share
+3 more
6 metrics
RSUs vested
2,708 shares
Restricted share units converting into Ordinary Shares on May 13, 2026
Shares sold for taxes
1,247 shares
Mandatory sale to cover withholding tax liabilities
VWAP sale price
$110.4333 per share
Volume-weighted average price; range $109.2007–$111.515
Ordinary Shares held
51,844 shares
Direct holdings after the reported transactions
RSUs outstanding
12,336 units
Restricted share units remaining after the vesting event
Original RSU award
8,124 units
Time-based conditional award granted May 13, 2025
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 37 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) report for Juan Pablo San Agustin?
CRH reported that Chief Strategy Officer Juan Pablo San Agustin had restricted share units vest into Ordinary Shares, and a portion of those shares was sold mandatorily to cover withholding tax liabilities, reflecting routine equity compensation activity rather than a discretionary open-market trade.
Is the CRH Form 4 transaction a discretionary stock sale by the officer?
The disposition is described as a mandatory sale of sufficient Ordinary Shares to cover withholding tax liabilities from the RSU vesting. This indicates a tax-withholding mechanism tied to compensation, rather than a discretionary decision to sell shares on the open market for investment reasons.