Form 4: Commercial Metals Co: CEO Peter R. Matt Reports Stock Transaction
SEC Form 4 Filing
CEO Peter R. Matt reports disposition of 4,685 shares of Commercial Metals Co stock to cover tax obligations related to vested restricted stock units.
Summary
- On April 10, 2025, Peter R. Matt, the President and CEO of Commercial Metals Co, disposed of 4,685 shares of common stock.
- The shares were withheld by the company to satisfy tax withholding obligations related to the settlement of vested restricted stock units granted on April 10, 2023.
- The transaction price was $43.8 per share.
- Following the transaction, Matt directly owns 124,732 shares of Commercial Metals Co stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine tax-related stock disposals and doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/10/2023 | Date of grant for the restricted stock units that vested. |
| 04/10/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Commercial Metals Co, Peter R. Matt, Stock Transaction, Insider Trading, Restricted Stock Units, Tax Withholding
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