CRH (CRH) COO Randy Lake reports new share awards and tax withholding
Rhea-AI Filing Summary
CRH plc Chief Operating Officer Randy Lake reported multiple equity-related transactions on February 23, 2026. He acquired 15,897 Deferred Shares through the exercise or conversion of derivative awards and received 14,256 Restricted Share Units as a time-based conditional award under the company’s Equity Incentive Plan.
Lake was also granted 73,767 Ordinary Shares and acquired a further 17,064 Ordinary Shares upon vesting of a time-based conditional award under the Deferred Share Bonus Plan, with both performance-based and time-based awards including additional shares as dividend equivalents. To cover tax liabilities from these vestings, 40,457 Ordinary Shares were disposed of at $121.49 per share through mandatory share withholding.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Shares | 15,897 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 14,256 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 73,767 | $0.00 | -- |
| Exercise | Ordinary Shares | 17,064 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 40,457 | $121.49 | $4.92M |
Footnotes (1)
- Reflects the vesting and release of awards granted in 2023 under the 2014 Performance Share Plan Rules on February 23, 2026 (including the award of 5,044 additional Ordinary Shares as dividend equivalents), pursuant to certification of the achievement of pre-established performance goals by the Compensation Committee of the Board of Directors of the Issuer (the "Compensation Committee"). Reflects the vesting and release of a time-based conditional award as defined in the 2014 Deferred Share Bonus Plan (the "DSB Plan Rules"), of which, pursuant to the determination of the Compensation Committee, a total of 17,064 shares vested on February 23, 2026, including the award of 1,167 additional Ordinary Shares as dividend equivalents. Mandatory withholding of sufficient Ordinary Shares to cover applicable tax liabilities arising in connection with the aforementioned awards. Each restricted share unit ("RSU") represents the right to receive one Ordinary Share of the Issuer. Reflects a time-based conditional award, as defined in the CRH plc Equity Incentive Plan (the "EIP"), of RSUs of which 1/3 will vest on the grant anniversary in February 2027, 2028 and 2029, respectively (the "Awards"). In accordance with the EIP, dividend equivalents will apply to these Awards and will be reported at the time of vesting.
FAQ
What equity awards did CRH (CRH) COO Randy Lake receive on February 23, 2026?
Randy Lake received several equity awards on February 23, 2026, including 15,897 Deferred Shares, 14,256 Restricted Share Units, and 73,767 Ordinary Shares. These grants arose from performance-based and time-based incentive plans, reflecting vesting of prior awards and a new time-based RSU grant.
What performance-based awards vested for CRH (CRH) COO Randy Lake in 2026?
Performance-based awards granted in 2023 under the 2014 Performance Share Plan vested for Randy Lake on February 23, 2026. Vesting followed Compensation Committee certification of pre-established performance goals and included 5,044 additional Ordinary Shares credited as dividend equivalents.