Vulcan Materials (NYSE: VMC) VP settles PSU award and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vulcan Materials vice president and controller Randy L. Pigg reported equity award activity involving performance share units and common stock. On 02/13/2026 he exercised 420 Performance Share Units, which were settled 100% in Vulcan common stock after a three-year performance period ending December 31, 2025.
On the same date, he acquired 786 shares of Vulcan common stock at $0.00 per share through the derivative conversion and had 1,609 shares of common stock directly owned before a tax-related disposition. To cover tax obligations, 303 shares of common stock were withheld at $321.92 per share, leaving 1,306 shares of common stock held directly. He also directly holds 1,617.152 shares of "Common Stock 401(k)" in a retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
420 shares exercised/converted
Mixed
4 txns
Insider
Pigg Randy L.
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 420 | $0.00 | -- |
| Exercise | Common Stock | 786 | $0.00 | -- |
| Tax Withholding | Common Stock | 303 | $321.92 | $98K |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 1,609 shares (Direct);
Common Stock 401(k) — 1,617.152 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Vulcan Materials (VMC) report for Randy L. Pigg?
Vulcan Materials reported that vice president and controller Randy L. Pigg exercised equity awards and adjusted his shareholdings on February 13, 2026. The filing details a performance share unit settlement in stock, related common share acquisition, and shares withheld to satisfy tax obligations.
What role does Randy L. Pigg hold at Vulcan Materials (VMC) in this Form 4?
Randy L. Pigg is identified as an officer of Vulcan Materials, serving as vice president and controller. The Form 4 confirms he is not a director or 10% owner, and it reports equity award-related transactions tied to his executive compensation package at the company.