Vulcan Materials (VMC) director awarded 228 phantom stock units as deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STYSLINGER LEE J III reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Materials director Lee J. Styslinger III received a grant of 228.355 phantom stock units as deferred compensation, valued at $273.697 per unit. These units are convertible into an equal number of Vulcan Materials common shares on a 1-for-1 basis and are to be settled in stock after his retirement. Following this award, his deferred phantom stock holdings total 12,657.254 units. This is a compensation-related, non‑market transaction, not an open‑market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STYSLINGER LEE J III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Deferred Compensation) | 228.355 | $273.697 | $63K |
Holdings After Transaction:
Phantom Stock (Deferred Compensation) — 12,657.254 shares (Direct, null)
Footnotes (1)
- Convertible on a 1-for-1 basis. Director's fees credited to the reporting person's account in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan. The units are to be settled in Vulcan Materials Company common stock commencing at the retirement of the reporting person.
Key Figures
Phantom stock units granted: 228.355 units
Unit value: $273.697 per unit
Total phantom units after grant: 12,657.254 units
+1 more
4 metrics
Phantom stock units granted
228.355 units
Director deferred compensation grant on 2026-06-12
Unit value
$273.697 per unit
Value used for phantom stock crediting
Total phantom units after grant
12,657.254 units
Director’s phantom stock balance following transaction
Conversion ratio
1-for-1
Each phantom unit converts into one common share
Key Terms
Phantom Stock (Deferred Compensation), Directors' Deferred Compensation Plan, Convertible on a 1-for-1 basis, settled in Vulcan Materials Company common stock
4 terms
Phantom Stock (Deferred Compensation) financial
"security_title: "Phantom Stock (Deferred Compensation)""
Directors' Deferred Compensation Plan financial
"credited to the reporting person's account in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan"
Convertible on a 1-for-1 basis financial
"Convertible on a 1-for-1 basis."
settled in Vulcan Materials Company common stock financial
"The units are to be settled in Vulcan Materials Company common stock commencing at the retirement"
FAQ
What did Vulcan Materials (VMC) disclose in this Form 4 for director Lee J. Styslinger III?
Vulcan Materials reported that director Lee J. Styslinger III received 228.355 phantom stock units as deferred compensation. These units are tied to common stock value and increase his total deferred phantom holdings to 12,657.254 units.
Is the Vulcan Materials (VMC) Form 4 transaction an open-market buy or sell?
The Form 4 shows a grant of phantom stock as compensation, not an open-market trade. The transaction code is “A” for award, meaning units were credited to the director’s deferred compensation account rather than bought or sold in the market.
How many phantom stock units did the Vulcan Materials (VMC) director hold after the new grant?
After the new award, director Lee J. Styslinger III held 12,657.254 phantom stock units. Each unit tracks Vulcan Materials common stock value and is designed to convert into common shares on a 1-for-1 basis at retirement.
At what value were the new Vulcan Materials (VMC) phantom stock units credited?
The 228.355 phantom stock units were credited at $273.697 per unit. This price reflects the value used in the company’s deferred compensation plan calculations when director fees were converted into phantom stock units for the reporting person.
When will the Vulcan Materials (VMC) phantom stock units for this director be settled?
The phantom stock units are scheduled to be settled in Vulcan Materials common stock after the director retires. At that time, each unit converts into one share of common stock under the Directors' Deferred Compensation Plan terms.