Vulcan Materials (NYSE: VMC) director receives 617 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEINER DAVID P reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Materials Company director David P. Steiner received a grant of 617 Restricted Stock Units (RSUs). The RSUs were awarded at no cash cost to him as an annual stock grant under the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan.
Each RSU represents a contingent right to receive one share of Vulcan common stock, for a total underlying 617 shares. The RSUs cliff vest on a specified future date, and, per Steiner’s prior instructions under the plan, vested units will be delivered to him when he ceases to serve on Vulcan’s Board of Directors. Following this grant, he holds 617 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEINER DAVID P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 617 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 617 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock. Annual stock grant made to the reporting person under the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan. Restricted Stock Units cliff vest on the specified date. In accordance with the terms of the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan and instructions previously provided by the reporting person pursuant thereto, vested Restricted Stock Units will be delivered to the reporting person when the reporting person ceases to hold office as a member of the Board of Directors of Vulcan Materials Company.
Key Figures
RSUs granted: 617 units
Underlying shares: 617 shares
Exercise/conversion price: $0.0000 per unit
+2 more
5 metrics
RSUs granted
617 units
Annual stock grant to director David P. Steiner
Underlying shares
617 shares
Each RSU equals one share of common stock
Exercise/conversion price
$0.0000 per unit
Compensation grant with no cash exercise price
Holdings after grant
617 RSUs
Total Restricted Stock Units held directly after transaction
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Restricted Stock Units, cliff vest, Omnibus Long-Term Incentive Plan, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cliff vest financial
"Restricted Stock Units cliff vest on the specified date."
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
Omnibus Long-Term Incentive Plan financial
"Annual stock grant made to the reporting person under the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Vulcan Materials (VMC) director David P. Steiner report in this Form 4?
David P. Steiner reported receiving a grant of 617 Restricted Stock Units. These units are a stock-based compensation award that gives him a contingent right to receive 617 shares of Vulcan Materials common stock in the future, subject to vesting conditions.
How many Restricted Stock Units did the Vulcan Materials (VMC) director receive?
He received 617 Restricted Stock Units. Each RSU represents the right to receive one share of Vulcan Materials common stock, so the award covers 617 underlying shares, all held directly after this transaction according to the filing details.
Is the RSU grant to the Vulcan Materials (VMC) director an open-market purchase or sale?
No, the RSU grant is not an open-market trade. It is a compensation-related award coded as an acquisition (grant/award) with no cash price per unit, granted under the company’s 2025 Omnibus Long-Term Incentive Plan.
When do the Vulcan Materials (VMC) RSUs granted to David P. Steiner vest and settle?
The RSUs cliff vest on a specified future date. Under Steiner’s prior instructions and the plan terms, the vested RSUs will be delivered in Vulcan common shares when he ceases to serve as a member of the Board of Directors.
What plan governs the RSU award reported by the Vulcan Materials (VMC) director?
The RSU grant was made under the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan. This plan authorizes equity-based awards, including Restricted Stock Units, as part of the company’s long-term compensation for eligible participants such as directors.
How many Vulcan Materials (VMC) RSUs does David P. Steiner hold after this transaction?
After this transaction, David P. Steiner holds 617 Restricted Stock Units directly. These units each correspond to one share of Vulcan common stock and will convert into shares according to the plan’s vesting and delivery provisions described in the filing footnotes.