Vulcan director granted 319 phantom stock units
Vulcan Materials Company director Kathleen L. Quirk received a grant of 319.697 phantom stock units as deferred director compensation.
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
Vulcan Materials Company director Kathleen L. Quirk received a grant of 319.697 phantom stock units as deferred director compensation. These units are credited at a reference price of $273.697 per unit and are convertible into common stock on a 1‑for‑1 basis.
After this award, Quirk holds a total of 7,197.414 phantom stock units, which will be settled in Vulcan Materials common stock commencing at her retirement. This is a compensation-related, non‑cash acquisition rather than an open‑market stock purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock (Deferred Compensation) | 319.697 | $273.697 | $88K |
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
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) director Kathleen L. Quirk report on this Form 4?
How many Vulcan Materials phantom stock units does Kathleen L. Quirk now hold?
Is the Vulcan Materials (VMC) Form 4 transaction a stock purchase or a compensation award?
How are the phantom stock units in Vulcan Materials’ plan settled for Kathleen L. Quirk?
What is the reference price for Kathleen L. Quirk’s new phantom stock award at Vulcan Materials?
AI-generated analysis. How Rhea-AI works. Not financial advice.