Vulcan Materials (VMC) details director phantom stock deferral grant award
Rhea-AI Filing Summary
Vulcan Materials Company reported that one of its directors acquired 214.983 units of phantom stock (deferred compensation) on 12/17/2025. These derivative units are convertible into an equal number of common shares and represent director fees credited under the company’s Directors' Deferred Compensation Plan. Following this transaction, the director holds a total of 9,619.809 phantom stock units, which will be settled in Vulcan Materials common stock beginning at the director’s retirement and are reported as directly owned.
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FAQ
What insider transaction did Vulcan Materials (VMC) disclose?
A company director acquired 214.983 units of phantom stock (deferred compensation) on 12/17/2025, credited as director’s fees under the deferred compensation plan.
What is the phantom stock mentioned for Vulcan Materials (VMC)?
The phantom stock is a deferred compensation award that is convertible on a 1-for-1 basis into Vulcan Materials common stock and represents director fees credited to the reporting person’s account.
At what price were the new phantom stock units recorded for the Vulcan Materials director?
The 214.983 phantom stock units were recorded at a price of $ 290.72 per unit.
How many phantom stock units does the Vulcan Materials director own after this transaction?
After the reported transaction, the director beneficially owns 9,619.809 phantom stock units.
When will the Vulcan Materials phantom stock units be settled into common shares?
The phantom stock units are to be settled in Vulcan Materials common stock commencing at the retirement of the reporting person.
Is the Vulcan Materials director’s phantom stock ownership reported as direct or indirect?
The 9,619.809 phantom stock units are reported as direct ownership.