Vulcan SVP handles RSU vesting, tax disposition
Vulcan Materials senior vice president and CHRO Mitesh Bansilal Shah reported equity compensation activity.
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Rhea-AI Filing Summary
Vulcan Materials senior vice president and CHRO Mitesh Bansilal Shah reported equity compensation activity. On February 21, 300 Restricted Stock Units were exercised and converted into 300 shares of common stock at a stated price of $0.00 per share. On February 23, 134 common shares were disposed of at $305.29 per share to satisfy tax withholding obligations, leaving 1,079 directly held common shares after that transaction. Footnotes explain that each RSU represents a right to receive one Vulcan common share and that RSUs vest on a cliff basis and are settled in shares within 75 days after vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 134 | $305.29 | $41K |
| Exercise | Common Stock (Restricted Stock Units) | 300 | $0.00 | $0.00 |
| Exercise | Common Stock | 300 | $0.00 | $0.00 |
| holding | Common Stock 401(k) | -- | -- | -- |
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Vulcan Common Stock.
- F2. Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
FAQ
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What insider transactions did Vulcan Materials (VMC) report for Mitesh Bansilal Shah?
How do Vulcan Materials Restricted Stock Units work in this Form 4?
What types of securities are covered in this Vulcan Materials Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.