Form 4: CMC CFO's Stock Withholding for Tax Obligations
Insider Transaction Report
Commercial Metals Co's SVP & CFO, Paul James Lawrence, reported the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- Paul James Lawrence, SVP & Chief Financial Officer of Commercial Metals Co (CMC), reported two transactions involving the disposition of common stock.
- On October 9, 2025, 1,761 shares of common stock were withheld by CMC at a price of $59.31 per share to satisfy tax withholding obligations.
- This withholding was in connection with the settlement of vested restricted stock units originally granted on October 9, 2023.
- On October 10, 2025, an additional 2,057 shares of common stock were withheld by CMC at a price of $59.00 per share for tax withholding purposes.
- This second withholding was related to the settlement of vested restricted stock units granted on October 10, 2022.
- Following these transactions, Paul James Lawrence beneficially owns 197,571 shares of CMC common stock directly.
Sentiment
Score: 5
Explanation: The filing reports routine, non-discretionary transactions (shares withheld for tax obligations upon RSU vesting) by an insider. These transactions are standard practice and do not indicate a positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This filing represents a routine insider transaction for tax compliance, common across all industries when restricted stock units or other equity awards vest. It does not provide specific insights into broader industry trends or competitive positioning for Commercial Metals Co.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes and do not reflect a change in management's discretionary investment decisions or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 10/10/2022 | Grant date of restricted stock units, which later vested and led to tax withholding. |
| 10/09/2023 | Grant date of restricted stock units, which later vested and led to tax withholding. |
| 10/09/2025 | Transaction date for the withholding of 1,761 shares of common stock for tax obligations. |
| 10/10/2025 | Transaction date for the withholding of 2,057 shares of common stock for tax obligations. |
| 10/14/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
Commercial Metals Co, CMC, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Paul James Lawrence, CFO
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