Principal Global Investors Reports 6.89M VMC Shares on Schedule 13G

Rhea-AI Filing Summary

Principal Global Investors filed a Schedule 13G reporting ownership of 6,894,267 shares of Vulcan Materials Co (ticker VMC), equal to 5.2% of the outstanding common stock. The filing shows no sole voting or dispositive power and shared voting and dispositive power over all 6,894,267 shares, and identifies the reporting person as an investment adviser (IA) organized in Delaware. The Schedule includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The statement references the event date 06/30/2025 and is signed on 08/08/2025.

Positive

• Material disclosed ownership: Reports 6,894,267 shares, representing 5.2% of VMC, meeting SEC disclosure thresholds
• Transparency: Filed Schedule 13G with certification that holdings are held in the ordinary course and not to influence control
• Clear voting/dispositive detail: Identifies shared voting and dispositive power and reports zero sole power

Negative

• None.

Insights

Securities Analyst

TL;DR: Institutional investor Principal Global Investors holds 6.89M VMC shares (5.2%), reported as passive holdings with shared voting power.

Principal Global Investors reports a >5% stake in Vulcan Materials, reporting shared voting and dispositive power for 6,894,267 shares and zero sole power. The filing type (Schedule 13G) and the certification language indicate the position is claimed to be held in the ordinary course and not for control purposes. For investors, a >5% position from an investment adviser is material from an ownership-disclosure perspective but the filing presents it as passive rather than an active control stake.

Corporate Governance Expert

TL;DR: A 5.2% ownership stake is sizable for governance monitoring but the filer asserts passive intent.

The holder reports shared voting authority over 6,894,267 VMC shares, which is large enough to warrant monitoring of proxy voting and engagement activity. The Schedule 13G submission and the explicit certification that the shares were not acquired to influence control limit immediate governance concerns. Nonetheless, the disclosed shared voting power means future coordinated actions or additional filings could change the governance impact, so continued disclosure is the primary investor takeaway.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Vulcan Materials Co

(Name of Issuer)

Common Stock, $1 par value

(Title of Class of Securities)

929160109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 929160109

1

Names of Reporting Persons

PRINCIPAL GLOBAL INVESTORS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,894,267.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,894,267.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,894,267.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vulcan Materials Co
(b)	Address of issuer's principal executive offices: 1200 URBAN CENTER DRIVE, BIRMINGHAM, ALABAMA 35242
Item 2.
(a)	Name of person filing: PRINCIPAL GLOBAL INVESTORS
(b)	Address or principal business office or, if none, residence: 711 HIGH STREET DES MOINES, Iowa 50392-0300
(c)	Citizenship: PRINCIPAL GLOBAL INVESTORS - DELAWARE
(d)	Title of class of securities: Common Stock, $1 par value
(e)	CUSIP No.: 929160109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,894,267
(b)	Percent of class: 5.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: PRINCIPAL GLOBAL INVESTORS - 0
	(ii) Shared power to vote or to direct the vote: PRINCIPAL GLOBAL INVESTORS - 6,894,267
	(iii) Sole power to dispose or to direct the disposition of: PRINCIPAL GLOBAL INVESTORS - 0
	(iv) Shared power to dispose or to direct the disposition of: PRINCIPAL GLOBAL INVESTORS - 6,894,267
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PRINCIPAL GLOBAL INVESTORS

Signature:	/s/ J. Markham Penrod
Name/Title:	Chief Compliance Officer - North America, Principal Asset Management
Date:	08/08/2025

FAQ

How many Vulcan Materials (VMC) shares does Principal Global Investors report?

Principal Global Investors reports owning 6,894,267 shares of VMC.

What percentage of VMC does Principal Global Investors hold?

The filing states the position represents 5.2% of the class.

Does Principal Global Investors have voting control over these VMC shares?

The filing reports 0 shares with sole voting power and 6,894,267 shares with shared voting power.

What type of SEC form was filed for the VMC holding?

A Schedule 13G was filed for the position in Vulcan Materials Co.

When is the reported event date and signature date on the filing?

The event date shown is 06/30/2025 and the filing is signed on 08/08/2025.

Who is the reporting person and what is their classification?

The reporting person is Principal Global Investors, organized in Delaware, classified as an IA (investment adviser).