RSU vesting leaves Vulcan (NYSE: VMC) SVP with 10,229 shares
Rhea-AI Filing Summary
Vulcan Materials Senior Vice President David P. Clement reported equity award activity and related tax withholding in company stock. On February 21, 2026, restricted stock units were exercised into shares of Vulcan common stock, reflecting the conversion of RSUs into directly owned shares. The filing notes that each RSU represents a contingent right to receive one share of Vulcan common stock and that RSUs cliff vest on a specified date and are settled in shares within 75 days of vesting. On February 23, 2026, shares of common stock were disposed of to satisfy tax obligations through share withholding at a price of $305.29 per share, rather than through open-market sales. After these transactions, Clement directly owned 10,229 shares of Vulcan common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,046 | $305.29 | $930K |
| Tax Withholding | Common Stock | 411 | $305.29 | $125K |
| Exercise | Common Stock (Restricted Stock Units) | 8,231 | $0.00 | -- |
| Exercise | Common Stock (Restricted Stock Units) | 1,110 | $0.00 | -- |
| Exercise | Common Stock | 8,231 | $0.00 | -- |
| Exercise | Common Stock | 1,110 | $0.00 | -- |
| holding | Common Stock 401(k) | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Vulcan Common Stock. 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
What insider transactions did Vulcan Materials (VMC) report for David P. Clement?
Clement reported RSU conversions into Vulcan Materials common stock and related tax-withholding dispositions. RSUs converted into shares on February 21, 2026, and some shares were later withheld on February 23, 2026, to cover tax liabilities at a set share value.
Did the Vulcan Materials (VMC) insider Form 4 show open-market stock sales?
The Form 4 did not show open-market sales. It recorded share dispositions coded “F,” indicating shares were withheld to pay tax liabilities or exercise costs, rather than sold in the market, following RSU conversions into Vulcan common stock.
What do the restricted stock units in Vulcan Materials (VMC) represent for David P. Clement?
Each restricted stock unit represents a contingent right to receive one share of Vulcan Materials common stock. The RSUs cliff vest on a specified date and are then settled in shares within 75 days after the applicable vesting date.
What transaction codes appeared in the Vulcan Materials (VMC) Form 4 for David P. Clement?
The Form 4 used code “M” for exercise or conversion of derivative securities, reflecting RSU conversions, and code “F” for payment of tax liability by delivering or withholding Vulcan Materials common stock shares.