CRH (CRH) CEO Mintern logs RSU vesting and mandatory tax share sale
Rhea-AI Filing Summary
CRH PUBLIC LTD CO Chief Executive Officer Denis James Mintern reported equity compensation-related transactions involving Ordinary Shares and restricted share units. He exercised awards covering 14,985 Restricted Share Units, which vested as one-third of a 44,955 RSU time-based award under the CRH plc 2025 Equity Incentive Plan, including dividend equivalents. To cover related withholding tax liabilities, there was a mandatory sale of 7,932 Ordinary Shares at a volume-weighted average price of $109.286, with individual sale prices ranging from $109.01 to $110.67. Following these transactions, Mintern directly holds 49,889 Ordinary Shares, indicating the activity is primarily routine vesting and tax withholding rather than an open-market trade.
Positive
- None.
Negative
- None.
Insights
CEO activity reflects routine RSU vesting and tax withholding, not discretionary buying or selling.
The transactions show Denis James Mintern converting 14,985 Restricted Share Units into Ordinary Shares as part of a scheduled vesting from a larger 44,955 RSU award under the 2025 Equity Incentive Plan. This is typical for senior executive compensation.
A separate Form 4 entry records a mandatory sale of 7,932 Ordinary Shares solely to satisfy withholding tax obligations tied to this vesting. The footnote clarifies the sale price was volume-weighted at $109.286 per share, within a $109.01–$110.67 range, indicating no discretionary open-market trading decision.
After these events, Mintern directly holds 49,889 Ordinary Shares, suggesting the net effect is continued equity exposure rather than a reduction in his stake. From an investor perspective, these are routine compensation mechanics with neutral informational value, and not a signal of changed sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 14,985 | $0.00 | -- |
| Exercise | Ordinary Shares | 15,194 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 7,932 | $109.286 | $867K |
Footnotes (1)
- Reflects the vesting and release of 1/3 of a time-based conditional award of 44,955 restricted share units ("RSU") granted under the CRH plc 2025 Equity Incentive Plan (the "EIP") on May 13, 2025 (including the award of 209 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 $109.01 and $110.67, inclusive. Full information regarding the Ordinary Shares sold will be provided to the SEC upon request.