James Hardie director sells 871K shares
James Hardie Industries plc (JHX) director Jesse G. Singh reported multiple option exercises and related share sales.
Rhea-AI Filing Summary
James Hardie Industries plc (JHX) director Jesse G. Singh reported multiple option exercises and related share sales. On August 21 and 24, 2026, he exercised in total 530,100 employee stock options at an exercise price of $11.23 per share, receiving the same number of ordinary shares. The filing shows aggregate sales of 871,557 ordinary shares at weighted-average prices around $30 per share, including broker-assisted cashless exercises and sales by trusts for which Singh or his spouse serve as trustee or grantor-trustee.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Singh Jesse G
Role
Director
Sold
871,557 shs ($26.33M)
Approx. gross sale proceeds
$26.33M
Approx. exercise cost
$5.95M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F7 | 265,100 | $0.00 | $0.00 |
| Sale | Ordinary shares F6, F4 | 120,000 | $30.08 | $3.61M |
| Exercise | Ordinary shares | 265,100 | $11.23 | $2.98M |
| Sale | Ordinary shares F5 | 265,100 | $30.23 | $8.01M |
| Exercise | Employee Stock Option (Right to Buy) F7 | 265,000 | $0.00 | $0.00 |
| Sale | Ordinary shares F1, F2 | 103,400 | $30.22 | $3.12M |
| Sale | Ordinary shares F3, F4 | 118,057 | $30.34 | $3.58M |
| Exercise | Ordinary shares | 265,000 | $11.23 | $2.98M |
| Sale | Ordinary shares F5 | 265,000 | $30.19 | $8.00M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 1,434,049 contracts (Direct);
Ordinary shares — 261,683 shares (Indirect, By Trust);
Ordinary shares — 117,028 shares (Direct)
Footnotes (7)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.09 to $30.33 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to the extent required by law.
- F2. Represents ordinary shares held by The Jesse Singh 2024 Trust, for which the Reporting Person serves as grantor-trustee
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.22 to $30.43 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to the extent required by law.
- F4. Represents ordinary shares held by the Jesse Singh 2016 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee
- F5. Represents shares sold through a broker-assisted cashless exercise.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.86 to $30.45 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to the extent required by law.
- F7. The options were exercisable as of July 1, 2025, when they were assumed by the issuer in connection with its acquisition of The AZEK Company Inc.
Key Figures
Total shares sold: 871,557 ordinary shares
Options exercised: 530,100 shares
Option exercise price: $11.23 per share
+4 more
7 metrics
Total shares sold
871,557 ordinary shares
Aggregate sales reported in the transaction summary
Options exercised
530,100 shares
Employee stock options exercised into ordinary shares
Option exercise price
$11.23 per share
Exercise price of employee stock options assumed in AZEK acquisition
Sale price example
$30.19 per share
Direct sale of 265,000 ordinary shares on August 21, 2026
Sale price example
$30.22 per share
Indirect sale of 103,400 trust-held ordinary shares on August 21, 2026
Sale price example
$30.34 per share
Indirect sale of 118,057 trust-held ordinary shares on August 21, 2026
Option expiration date
June 16, 2030
Original expiration date of exercised employee stock options
Key Terms
broker-assisted cashless exercise, weighted average price, grantor-trustee, irrevocable trust, +1 more
5 terms
broker-assisted cashless exercise financial
"Represents shares sold through a broker-assisted cashless exercise."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
grantor-trustee financial
"held by The Jesse Singh 2024 Trust, for which the Reporting Person serves as grantor-trustee"
irrevocable trust financial
"held by the Jesse Singh 2016 Irrevocable Trust, for which the Reporting Person's spouse serves"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
employee stock option financial
"Employee Stock Option (Right to Buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jesse G. Singh report for James Hardie Industries plc (JHX)?
Jesse G. Singh reported exercising 530,100 employee stock options at $11.23 per share and selling an aggregate of 871,557 ordinary shares at weighted-average prices of about $30 per share on August 21 and 24, 2026, including sales tied to trust holdings.
What stock options did Jesse G. Singh exercise in James Hardie (JHX)?
Singh exercised employee stock options covering 530,100 shares of James Hardie ordinary shares at an exercise price of $11.23 per share. These options were originally assumed by James Hardie in its acquisition of The AZEK Company Inc. and were exercisable as of July 1, 2025.
Were any of Jesse G. Singh’s JHX transactions done through trusts?
Yes. Some ordinary shares sold are held by The Jesse Singh 2024 Trust, where Singh is grantor-trustee, and by the Jesse Singh 2016 Irrevocable Trust, where his spouse is trustee. These trust-held shares were reported as indirect ownership and were part of the sales.
Were Jesse G. Singh’s JHX sales broker-assisted cashless exercises?
Part of the activity was a broker-assisted cashless exercise. A footnote explains that certain reported shares sold represent shares disposed of through a broker-assisted cashless exercise in connection with the option exercises at an exercise price of $11.23 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
