Form 4: CMC Director Acquires Shares in Lieu of Cash Retainer

Commercial Metals Co. Director John R. McPherson acquired 593 shares of common stock at $58.95 per share, opting for equity instead of a cash retainer for board service.

Summary

• John R. McPherson, a Director of Commercial Metals Co. (CMC), acquired 593 shares of common stock.
• The transaction occurred on October 1, 2025, with shares valued at $58.95 each.
• These shares were issued as compensation, specifically in lieu of the quarterly cash retainer for his board and committee service.
• Following this transaction, Mr. McPherson directly beneficially owns 16,510 shares of Common Stock.
• Additionally, Mr. McPherson indirectly beneficially owns 5,000 shares of Common Stock through a Limited Partnership.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as compensation, generally indicates confidence in the company's future prospects and aligns management interests with shareholders, which is a positive signal.

Positives

• Director John R. McPherson increased his direct beneficial ownership in Commercial Metals Co. by 593 shares, signaling continued confidence in the company.
• The election to receive equity instead of cash for board service aligns the director's interests more closely with those of shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 593 shares of common stock by Director John R. McPherson, issued in lieu of quarterly cash retainer for board and committee service, representing a transaction between the company and a related party (director).

Stakeholder Impact

• Shareholders may view the director's decision to take equity compensation as a positive sign of management's commitment and belief in the company's long-term value.

Key Dates

Keywords

Commercial Metals Co., CMC, Insider Trading, Form 4, Director Stock Acquisition, Equity Compensation, Board Retainer, Stock Ownership