Form 4: Shah Mitesh Bansilal reports multiple insider transactions in VMC
Rhea-AI Filing Summary
Shah Mitesh Bansilal reported multiple insider transaction types in a Form 4 filing for VMC. The filing lists transactions totaling 3,355 shares at a weighted average price of $321.92 per share. Following the reported transactions, holdings were 913 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 913 shares
Net Buy
4 txns
Insider
Shah Mitesh Bansilal
Role
SVP and CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 900 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,684 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 771 | $321.92 | $248K |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 913 shares (Direct);
Common Stock 401(k) — 52.917 shares (Direct)
Footnotes (1)
- F1. Each Performance Share Unit ("PSU") was settled 100% in Vulcan common stock. These PSUs vested following a three-year performance period ending December 31, 2025. At the end of the performance period, the Compensation & Human Capital Committee determined to pay out the award based on pre-established performance criteria.
FAQ
What insider transaction did Vulcan Materials (VMC) disclose for Mitesh Bansilal Shah?
Vulcan Materials reported equity award activity for SVP and CHRO Mitesh Bansilal Shah. On February 13, 2026, he exercised 900 Performance Share Units into common stock, with part of the resulting shares disposed of to cover tax withholding obligations rather than sold on the open market.
What is the significance of transaction codes M and F in the Vulcan Materials Form 4?
Code M indicates an exercise or conversion of a derivative security. In this filing, it reflects the conversion of 900 Performance Share Units into common stock. Code F reflects a tax-withholding disposition, where 771 shares were used to pay taxes tied to the award settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.