VMI Insider Report: 692 Shares Sold; 240 RSUs Forfeited After Termination

Rhea-AI Filing Summary

Renee L. Campbell, SVP Investor Relations and Treasurer at Valmont Industries (VMI), reported stock transactions and a forfeiture tied to termination. The filing shows a sale of 670 shares of common stock on 08/25/2025 at $374.90 per share and a sale of 22 shares on 08/22/2025 at $373.75 per share. After these transactions she beneficially owns 4,535 shares directly and 104 shares indirectly through a 401(k); an additional 115 shares are held indirectly by her spouse. The filing discloses forfeiture of 240 restricted stock units that will not vest following termination of employment.

Positive

• Reporting person retains 4,535 direct shares after the reported transactions, maintaining continued ownership interest.
• There are 401(k) holdings reported (104 shares) indicating some long-term retirement-linked ownership.

Negative

• Sale of 670 shares on 08/25/2025 at $374.90 and 22 shares on 08/22/2025 at $373.75 reduced insider holdings.
• Forfeiture of 240 restricted stock units will not vest following termination of employment, indicating a material personnel change.
• The combination of insider sales and RSU forfeiture tied to termination is a negative signal on governance or staffing stability until further company disclosure.

Insights

Corporate Governance Expert

TL;DR Insider sales and forfeiture following termination raise governance and succession questions for investors.

The report documents two small open-market disposals totaling 692 shares at roughly $374 per share and the forfeiture of 240 RSUs that will not vest due to termination of employment. The continued direct ownership of 4,535 shares and indirect retirement-plan holdings indicate ongoing alignment with shareholders, but the combination of sales and forfeiture after termination is a material personnel change that investors typically treat as negative until company communications clarify the circumstances.

Securities Analyst

TL;DR Transactions are modest in size but the RSU forfeiture tied to termination is a notable event for VMI insider ownership dynamics.

The disclosed sales occurred on 08/22/2025 and 08/25/2025 at prices of $373.75 and $374.90 respectively. Post-transaction beneficial ownership remains 4,535 shares direct plus 104 shares in a 401(k) and 115 shares held by a spouse. The forfeiture of 240 restricted stock units reduces future potential insider-held equity and is explicitly linked to termination, which is material to governance and internal continuity assessments.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Campbell Renee L

(Last) (First) (Middle)

VALMONT INDUSTRIES

15000 VALMONT PLAZA

(Street)

OMAHA NE 68154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VALMONT INDUSTRIES INC [ VMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Investor Relations, Treas

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		S		670	D	$374.9	4,535	D
Common Stock								104	I	By 401K
Common Stock	08/22/2025		F		22	D	$373.75	687(1)	I	By Spouse
Common Stock								115	I	401K by Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects forfeiture of previously awarded 240 restricted stock unit awards that will not vest following termination of employment.

	/s/ R. Andrew Massey for Renee L. Campbell	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did Renee L. Campbell report on Form 4 for VMI?

The filing reports a sale of 22 shares on 08/22/2025 at $373.75 and a sale of 670 shares on 08/25/2025 at $374.90.

How many shares does Renee L. Campbell beneficially own after these transactions?

She beneficially owns 4,535 shares directly and 104 shares indirectly through a 401(k); additionally, 115 shares are held indirectly by her spouse.

Did the Form 4 disclose any forfeited equity for Renee L. Campbell?

Yes, the filing states the forfeiture of 240 restricted stock units that will not vest following termination of employment.

Are the reported transactions part of a 10b5-1 plan?

The form includes checkboxes for 10b5-1 plans but the provided content does not indicate that these specific transactions were made pursuant to a 10b5-1 plan.

When was the Form 4 signed and filed?

The signature block shows the form was signed on 08/26/2025 by R. Andrew Massey on behalf of Renee L. Campbell.