Vulcan Materials (NYSE: VMC) director defers fees into 214.983 phantom units
Rhea-AI Filing Summary
Vulcan Materials reported that one of its directors acquired 214.983 phantom stock units as deferred compensation on 12/17/2025 at an implied price of $290.72 per unit. These phantom units are credited under the Vulcan Materials Company Directors' Deferred Compensation Plan and are convertible on a 1-for-1 basis into common stock when the director retires. After this transaction, the director beneficially owns 7,188.975 phantom stock units held directly.
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FAQ
What insider transaction did Vulcan Materials (VMC) disclose in this Form 4?
A Vulcan Materials director acquired 214.983 phantom stock units on 12/17/2025. These units represent deferred compensation tied to the company’s common stock.
What are the key terms of the phantom stock units reported for Vulcan Materials (VMC)?
The phantom stock units are convertible on a 1-for-1 basis into Vulcan Materials common stock and are scheduled to be settled in shares when the director retires.
What price was used to credit the Vulcan Materials (VMC) phantom stock units?
The 214.983 phantom stock units were credited at an implied price of $290.72 per unit under the company’s Directors' Deferred Compensation Plan.
How many Vulcan Materials (VMC) phantom stock units does the director own after this transaction?
Following the reported acquisition, the director beneficially owns 7,188.975 phantom stock units, held directly.
When will the Vulcan Materials (VMC) phantom stock units be settled?
The phantom stock units are to be settled in Vulcan Materials common stock commencing at the retirement of the reporting director.
How were the Vulcan Materials (VMC) phantom stock units earned by the director?
The units were credited as director’s fees in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan.