RSU vesting and tax share withholding for Vulcan (NYSE: VMC) CAO
Rhea-AI Filing Summary
Vulcan Materials Chief Administrative Officer Jerry F. Perkins Jr. reported equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On February 21, RSUs representing 9,560 shares of common stock were exercised or converted into Vulcan common shares at a stated price of 0.0000 per share, consistent with stock-based awards that settle in stock rather than cash. Each RSU represents a contingent right to receive one Vulcan share and vests on a specified date.
On February 23, a total of 4,225 shares of common stock were disposed of in transactions coded "F" at a price of 305.2900 per share to satisfy the exercise price or tax withholding obligations, rather than through open-market selling. After these transactions, Perkins continued to hold Vulcan common stock directly, and the filing also lists a separate 401(k) plan position in company stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,792 | $305.29 | $1.16M |
| Exercise Price or Tax Liability | Common Stock | 433 | $305.29 | $132K |
| Exercise | Common Stock (Restricted Stock Units) | 8,550 | $0.00 | $0.00 |
| Exercise | Common Stock (Restricted Stock Units) | 1,010 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,550 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,010 | $0.00 | $0.00 |
| holding | Common Stock 401(k) | -- | -- | -- |
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Vulcan Common Stock.
- F2. 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 insider transactions did Vulcan Materials (VMC) report for Jerry F. Perkins Jr.?
Were the Vulcan Materials (VMC) insider transactions open-market buys or sells?
What do the restricted stock unit (RSU) footnotes mean in the Vulcan Materials (VMC) filing?
Does the Vulcan Materials (VMC) Form 4 show any holdings in a 401(k) plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.