Vulcan Materials (VMC) grants PSUs, RSUs and SARs to Chief Strategy Officer
Rhea-AI Filing Summary
Vulcan Materials Chief Strategy Officer Stanley G. Bass reported equity awards of derivative securities tied to company stock. On February 19, 2026, he acquired 1,440 Performance Share Units, 480 Restricted Stock Units, and 1,180 Stock Appreciation Rights as grants at a price of $0.0000 per unit.
The Performance Share Units vest on December 31, 2028 after a performance period from January 1, 2026 to December 31, 2028, with payout in Vulcan common stock based on company results versus the S&P 500 and cash gross profit per ton growth. Each Restricted Stock Unit represents one share of common stock, cliff vests on a specified date, and is settled within 75 days after vesting. The Stock Appreciation Rights vest in three equal annual installments beginning on the grant date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 1,440 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 480 | $0.00 | -- |
| Grant/Award | Stock Appreciation Right | 1,180 | $0.00 | -- |
Footnotes (1)
- Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2026 and ends on December 31, 2028. At the end of the Performance Period, the Compensation and Human Capital Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in Vulcan Common Stock on a payment date determined by the Compensation and Human Capital Committee. Each Restricted Stock Unit 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. Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
FAQ
What equity awards did Vulcan Materials (VMC) grant to its Chief Strategy Officer?
What are the key terms of the Restricted Stock Units granted at Vulcan Materials?
How do the Stock Appreciation Rights awarded to the Vulcan Materials officer vest?
Are the February 19, 2026 VMC equity awards open-market purchases or grants?