Form 4: Commercial Metals Co: Executive Jody K. Absher Reports Stock Transactions
SEC Form 4 Filing
Jody K. Absher, SVP, Chief Legal Officer & Secretary of Commercial Metals Co, reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On October 9, 2024, Jody K. Absher, SVP, Chief Legal Officer & Secretary of Commercial Metals Co, had 1,065 shares withheld to cover tax obligations related to vested restricted stock units at a price of $52.6 per share.
- Following this transaction, Absher directly owns 46,688 shares of Commercial Metals Co.
- On October 10, 2024, 1,222 shares were withheld to satisfy tax obligations related to vested restricted stock units at a price of $52.59.
- Following this transaction, Absher directly owns 45,466 shares of Commercial Metals Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the stock ownership of key personnel.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine tax-related stock adjustments for an executive.
Key Dates
| Date | Description |
|---|---|
| 10/09/2023 | Date of restricted stock units granted that vested on 10/09/2024 |
| 10/10/2022 | Date of restricted stock units granted that vested on 10/10/2024 |
| 10/09/2024 | Transaction date: 1,065 shares withheld for tax obligations. |
| 10/10/2024 | Transaction date: 1,222 shares withheld for tax obligations. |
| 10/11/2024 | Date of signature on the report. |
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