Vulcan Materials (VMC) director receives phantom stock award as deferred compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anderson Melissa H. reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Materials director Melissa H. Anderson received an award of 228.355 phantom stock units on June 12, 2026 as deferred compensation. These units are credited under the company’s Directors' Deferred Compensation Plan, are convertible into common stock on a 1-for-1 basis, and are to be settled in Vulcan Materials common shares when she retires. Following this grant, she holds a total of 2,384.806 phantom stock units linked to Vulcan Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Melissa H.
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) — 2,384.806 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
Grant reference price: $273.697 per unit
Total phantom units after grant: 2,384.806 units
+2 more
5 metrics
Phantom stock units granted
228.355 units
Director deferred compensation grant on June 12, 2026
Grant reference price
$273.697 per unit
Price per phantom stock unit for this award
Total phantom units after grant
2,384.806 units
Director’s total phantom stock holdings post-transaction
Conversion ratio
1-for-1
Each phantom unit convertible into one common share
Underlying security
Common Stock
Security into which phantom units convert
Key Terms
Phantom Stock (Deferred Compensation), Directors' Deferred Compensation Plan, 1-for-1 basis, settled in Vulcan Materials Company common stock
4 terms
Phantom Stock (Deferred Compensation) financial
"Phantom Stock (Deferred Compensation)"
Directors' Deferred Compensation Plan financial
"in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan"
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"
FAQ
What did Vulcan Materials (VMC) director Melissa H. Anderson report on this Form 4?
Melissa H. Anderson reported receiving 228.355 phantom stock units as deferred compensation. These units represent director fees credited under Vulcan Materials’ Directors' Deferred Compensation Plan and are linked to the value of the company’s common stock on a 1-for-1 conversion basis.
Is the Vulcan Materials (VMC) Form 4 transaction a market purchase or sale?
The Form 4 transaction is not a market trade; it is a compensation-related award. Anderson received phantom stock units as part of deferred director fees, rather than buying or selling Vulcan Materials common shares in the open market.
How many phantom stock units did the VMC director hold after this award?
After the award, Anderson held a total of 2,384.806 phantom stock units. Each unit is linked to one share of Vulcan Materials common stock and will ultimately be settled in shares when she retires from the board.
What does ‘phantom stock (deferred compensation)’ mean for Vulcan Materials (VMC)?
Phantom stock units are bookkeeping entries that track the value of Vulcan Materials common stock. For directors, they represent deferred fees that will later be settled in company shares, aligning board compensation with long-term shareholder value without immediate stock issuance.
When will Melissa H. Anderson’s Vulcan Materials phantom stock units be settled?
According to the disclosure, the phantom stock units will be settled in Vulcan Materials common stock beginning at Anderson’s retirement. Until then, they function as deferred compensation tied to the company’s share price performance on a 1-for-1 conversion basis.
What is the conversion ratio for the Vulcan Materials (VMC) phantom stock units?
The phantom stock units are convertible into Vulcan Materials common stock on a 1-for-1 basis. This means each phantom unit corresponds to one share of common stock when the units are ultimately settled after the director retires.