Vulcan Materials director granted phantom stock units
STYSLINGER LEE J III reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Deferred Compensation) | 228.355 | $273.697 | $63K |
Footnotes (3)
- F1. Convertible on a 1-for-1 basis.
- F2. Director's fees credited to the reporting person's account in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan.
- F3. The units are to be settled in Vulcan Materials Company common stock commencing at the retirement of the reporting person.
Key Figures
Key Terms
Phantom Stock (Deferred Compensation) financial
Directors' Deferred Compensation Plan financial
Convertible on a 1-for-1 basis financial
settled in Vulcan Materials Company common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vulcan Materials (VMC) disclose in this Form 4 for director Lee J. Styslinger III?
Is the Vulcan Materials (VMC) Form 4 transaction an open-market buy or sell?
How many phantom stock units did the Vulcan Materials (VMC) director hold after the new grant?
At what value were the new Vulcan Materials (VMC) phantom stock units credited?
When will the Vulcan Materials (VMC) phantom stock units for this director be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.