Vulcan Materials (NYSE: VMC) officer settles performance share units in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vulcan Materials Chief Strategy Officer Stanley G. Bass settled previously granted performance share units into common stock. On 02/13/2026 he exercised derivative awards, receiving 11,114 shares of common stock at $0.00 per share from 5,940 Performance Share Units after a three-year performance period ending December 31, 2025.
To cover tax obligations, 4,950 shares of common stock were disposed of at $321.92 per share through a tax-withholding transaction. After these transactions, Bass directly owned 33,784.24 shares of Vulcan common stock plus 35.16 shares held in a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,940 shares exercised/converted
Mixed
4 txns
Insider
Bass Stanley G
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 5,940 | $0.00 | -- |
| Exercise | Common Stock | 11,114 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,950 | $321.92 | $1.59M |
| holding | Common Stock (401k) | -- | -- | -- |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 38,734.24 shares (Direct);
Common Stock (401k) — 35.16 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vulcan Materials (VMC) report for Stanley G. Bass?
Vulcan Materials reported that Chief Strategy Officer Stanley G. Bass exercised performance share units into common stock. He received 11,114 shares at $0.00 per share, reflecting settlement of 5,940 PSUs after a three-year performance period tied to pre-established performance criteria.
Was the Vulcan Materials (VMC) insider transaction an open-market purchase or sale?
The transactions were not open-market trades. The “M” code reflects exercise or conversion of derivative awards into common stock, while the “F” code disposition represents shares delivered to satisfy tax obligations related to the award settlement, rather than a discretionary market sale.
What role does performance play in the Vulcan Materials (VMC) PSU payout?
Vulcan’s PSUs vest based on performance. The footnote explains these units vested after a three-year period ending December 31, 2025, and the Compensation & Human Capital Committee determined the payout according to pre-established performance criteria, resulting in settlement entirely in Vulcan common stock.