Valmont (NYSE: VMI) ag group president reports stock grant and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Valmont Industries executive Darryl R. Matthews, Group President of Global Agriculture, reported equity compensation activity in company common stock. He acquired 541 shares as a grant under a long-term incentive plan, then disposed of 241 shares at $457.35 per share to cover taxes, leaving 1,404 shares owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MATTHEWS DARRYL R
Role
Group Pres. Global Agriculture
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 541 | $0.00 | -- |
| Tax Withholding | Common Stock | 241 | $457.35 | $110K |
Holdings After Transaction:
Common Stock — 1,645 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did VMI executive Darryl Matthews report on this Form 4?
Darryl R. Matthews reported two equity transactions in Valmont Industries common stock. He received 541 shares as a long-term incentive plan grant and disposed of 241 shares to satisfy tax obligations, resulting in direct ownership of 1,404 shares after these transactions.
Was the VMI insider transaction a stock grant or an open-market trade?
The primary transaction was a stock grant, not an open-market trade. Darryl R. Matthews acquired 541 Valmont Industries common shares at no cost under a long-term incentive plan and then used 241 shares to cover tax liabilities related to the award.
What does the tax-withholding disposition mean in this VMI Form 4?
The tax-withholding disposition reflects shares used to pay taxes on an equity award. Matthews disposed of 241 Valmont Industries shares at $457.35 per share to satisfy tax liabilities, rather than making a separate cash payment to cover those obligations.
What role does Darryl Matthews hold at Valmont Industries (VMI)?
Darryl R. Matthews is an officer at Valmont Industries serving as Group President, Global Agriculture. The Form 4 shows his compensation-related transactions in company common stock, including a grant under the long-term incentive plan and shares used for tax withholding.
Is the VMI insider transaction classified as a buy or sell in the market?
The filing classifies the activity as an acquisition and a disposition tied to compensation. Matthews acquired 541 shares via a grant and disposed of 241 shares for tax withholding, rather than executing traditional open-market buy or sell trades.