Director Hill manages RSU vesting and tax shares at Vulcan (VMC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vulcan Materials director J Thomas Hill reported equity award vesting and related share movements. He acquired 8,940 shares of Common Stock on a derivative exercise/conversion of Restricted Stock Units at a stated price of $0.0000 per share, increasing his direct holdings to 44,269.665 shares.
On a separate date, 3,755 Common shares were disposed of at $305.29 per share in a tax-withholding disposition linked to this award, leaving 40,514.665 Common shares directly owned. His 401(k) plan shows 174.69 Common Stock units. Each RSU represents a contingent right to one share, which is settled in stock within 75 days after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,940 shares exercised/converted
Mixed
4 txns
Insider
Hill J Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,755 | $305.29 | $1.15M |
| Exercise | Common Stock (Restricted Stock Units) | 8,940 | $0.00 | -- |
| Exercise | Common Stock | 8,940 | $0.00 | -- |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,514.665 shares (Direct);
Common Stock (Restricted Stock Units) — 0 shares (Direct);
Common Stock 401(k) — 174.69 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Vulcan Common Stock. Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
FAQ
What insider transactions did Vulcan Materials (VMC) director J Thomas Hill report?
He reported RSU vesting and related share movements, acquiring 8,940 Vulcan Common shares through derivative exercise and disposing of 3,755 shares in a tax-withholding transaction, leaving 40,514.665 shares directly owned plus 174.69 shares in a 401(k) plan.
What are J Thomas Hill’s Vulcan Materials (VMC) holdings after these Form 4 transactions?
After the reported transactions, he directly owns 40,514.665 shares of Vulcan Common Stock. In addition, the filing lists 174.69 shares of Vulcan Common Stock associated with a 401(k) plan, reflecting separate retirement-related holdings reported as direct ownership.
How do Vulcan Materials (VMC) Restricted Stock Units work for J Thomas Hill?
Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. The RSUs cliff vest on a specified date and are then settled in Vulcan shares within 75 days after the applicable vesting date, according to the disclosed footnotes.