Vulcan Materials (VMC) CEO logs RSU vesting and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vulcan Materials Chief Executive Officer Ronnie A. Pruitt reported equity award activity involving restricted stock units (RSUs) and related tax withholding. On February 21, 2026, RSUs covering 9,660 shares of common stock were exercised and settled into shares at no cash exercise price.
On February 23, 2026, a total of 4,267 common shares were disposed of in transactions coded "F" at $305.29 per share to satisfy tax liabilities by delivering shares rather than cash. Following these transactions, Pruitt continued to hold a significant number of Vulcan common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,660 shares exercised/converted
Mixed
6 txns
Insider
Pruitt Ronnie A
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,792 | $305.29 | $1.16M |
| Tax Withholding | Common Stock | 475 | $305.29 | $145K |
| Exercise | Common Stock (Restricted Stock Units) | 8,550 | $0.00 | -- |
| Exercise | Common Stock (Restricted Stock Units) | 1,110 | $0.00 | -- |
| Exercise | Common Stock | 8,550 | $0.00 | -- |
| Exercise | Common Stock | 1,110 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,281 shares (Direct);
Common Stock (Restricted Stock Units) — 0 shares (Direct)
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 did Vulcan Materials (VMC) CEO Ronnie Pruitt report in this Form 4?
Ronnie Pruitt reported the vesting and settlement of restricted stock units into Vulcan Materials common shares, along with related share dispositions to cover tax obligations, reflecting routine equity compensation activity rather than open-market buying or selling.
Were Ronnie Pruitt’s Vulcan Materials (VMC) transactions open-market sales?
No, the reported dispositions are coded "F" for tax withholding. This means shares were surrendered to cover tax obligations tied to equity awards, not sold on the open market as discretionary sales to third-party buyers.
What do the restricted stock unit (RSU) footnotes mean for Vulcan Materials (VMC)?
Each RSU represents a contingent right to receive one Vulcan common share. The footnotes explain that RSUs cliff vest on a specified date and are then settled in shares within 75 days, illustrating how the CEO’s equity compensation converts into actual stock.