Vulcan Materials (NYSE: VMC) SVP receives shares after PSU vesting
Rhea-AI Filing Summary
Vulcan Materials senior vice president and general counsel Franklin Denson N. III reported equity award activity involving performance share units and common stock. On February 13, 2026, he exercised 4,000 Performance Share Units, which were settled entirely in Vulcan common stock after a three-year performance period ending December 31, 2025 based on pre-established performance criteria.
The exercise resulted in the acquisition of 7,484 shares of common stock, and 3,341 shares were disposed of at $321.92 per share to cover tax withholding obligations. After these transactions, he directly owned 12,427 shares of Vulcan Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,143 shares
Net Buy
3 txns
Insider
Franklin Denson N. III
Role
SVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 4,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,484 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,341 | $321.92 | $1.08M |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 12,427 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) report for February 13, 2026?
Vulcan Materials reported that SVP, General Counsel and Secretary Franklin Denson N. III exercised 4,000 Performance Share Units on February 13, 2026, receiving Vulcan common stock and updating his directly owned share balance afterward.
What performance period applied to the Vulcan Materials PSUs in this Form 4?
The Performance Share Units were subject to a three-year performance period ending December 31, 2025. After that period, the Compensation & Human Capital Committee determined the payout based on pre-established performance criteria, and the PSUs were settled entirely in Vulcan common stock.
What role does Franklin Denson N. III hold at Vulcan Materials (VMC)?
Franklin Denson N. III serves as Senior Vice President, General Counsel and Secretary at Vulcan Materials. The Form 4 identifies him as an officer of the company and reports his direct beneficial ownership changes in Vulcan Materials common stock from equity award activity.
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