Vulcan Materials (NYSE: VMC) director reports phantom stock award for director fees
Rhea-AI Filing Summary
Vulcan Materials Company reported that one of its directors received 214.983 units of Phantom Stock (Deferred Compensation) on 12/17/2025, at a reference price of $ 290.72 per unit, credited as director's fees under the Vulcan Materials Company Directors' Deferred Compensation Plan.
The phantom stock is convertible on a 1-for-1 basis into Vulcan Materials common stock and is to be settled in shares when the director retires. After this award, the director beneficially owned 12,428.899 derivative securities representing phantom stock units, held as a direct interest.
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FAQ
What insider transaction did Vulcan Materials (VMC) report on 12/17/2025?
Vulcan Materials reported that one of its directors received 214.983 units of Phantom Stock (Deferred Compensation) on 12/17/2025, credited as director's fees under the Vulcan Materials Company Directors' Deferred Compensation Plan at a reference price of $ 290.72 per unit.
What is the nature of the phantom stock units reported by Vulcan Materials (VMC)?
The derivative security is described as Phantom Stock (Deferred Compensation), which is convertible on a 1-for-1 basis into Vulcan Materials common stock. According to the disclosure, the units are to be settled in Vulcan Materials common stock commencing at the retirement of the reporting person.
How many phantom stock units does the Vulcan Materials director hold after this transaction?
Following the credited director's fees, the reporting person beneficially owned 12,428.899 derivative securities representing phantom stock units, held as a direct ownership interest.
How were the director's fees handled in this Vulcan Materials (VMC) filing?
The filing notes that director's fees were credited to the reporting person's account in accordance with the Vulcan Materials Company Directors' Deferred Compensation Plan, resulting in the issuance of 214.983 phantom stock units.
When will the Vulcan Materials phantom stock units be settled?
The disclosure explains that the phantom stock units are to be settled in Vulcan Materials Company common stock commencing at the retirement of the reporting person, consistent with the terms of the deferred compensation plan.