Form 4: CMC Executive Sells Shares for Tax Obligations

Jody K. Absher, SVP, Chief Legal Officer & Secretary of Commercial Metals Co., disposed of common stock to cover tax withholding on vested restricted stock units.

Summary

• Jody K. Absher, SVP, Chief Legal Officer & Secretary of Commercial Metals Co. (CMC), reported two transactions involving the disposition of common stock.
• On October 9, 2025, 1,065 shares of common stock were disposed of at a price of $59.31 per share. These shares were withheld by CMC to satisfy tax withholding obligations related to restricted stock units granted on October 9, 2023.
• On October 10, 2025, an additional 1,222 shares of common stock were disposed of at a price of $59 per share. These shares were withheld for tax obligations associated with restricted stock units granted on October 10, 2022.
• Following these transactions, Jody K. Absher beneficially owns 64,327 shares of CMC common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a standard insider transaction where shares are disposed of to cover tax withholding obligations upon the vesting of restricted stock units. This is a routine event and does not indicate a discretionary sale or a change in the executive's confidence in the company.

Positives

• The vesting of restricted stock units indicates continued employment and retention of a key executive, Jody K. Absher.

Negatives

• The transactions represent non-discretionary sales for tax withholding purposes, not a reflection of negative sentiment or company performance.

Future Outlook

No future outlook or guidance is provided in this Form 4 filing, as it is a transactional report.

Industry Context

This filing reports a routine insider transaction for tax purposes, which is a common occurrence across all industries for executives receiving equity compensation. It does not provide information directly related to broader industry trends.

Comparison to Industry Standards

• The disposition of shares to satisfy tax withholding obligations upon RSU vesting is a standard practice for executive compensation across publicly traded companies globally. This transaction aligns with typical industry norms for managing equity awards.

Related Party Transactions

• The transactions involve the disposition of shares by an executive to the company to satisfy tax withholding obligations related to vested restricted stock units, which is a standard related-party dealing in executive compensation.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related disposition, not a discretionary sale. It results in a minor reduction in the insider's direct ownership.
• Management: Reflects standard compensation practices for the SVP, Chief Legal Officer & Secretary.

Key Dates

Recommendation

This Form 4 details routine, non-discretionary sales of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are standard practice and do not reflect a change in the executive's investment sentiment or the company's fundamentals. Therefore, it provides no new information that would warrant a change in investment recommendation based solely on this filing.

Keywords

Commercial Metals Co, CMC, Jody K Absher, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Executive Compensation