Form 4: CRH CFO Nancy Buese Reports Acquisition of Restricted Share Units

Nancy Buese, CFO of CRH PUBLIC LTD CO, reports the acquisition of restricted share units under the company's equity incentive plan.

Summary

• Nancy Buese, the Chief Financial Officer of CRH PUBLIC LTD CO, filed a Form 4 on May 15, 2025, reporting changes in beneficial ownership.
• The report details the acquisition of restricted share units (RSUs) under the CRH plc Equity Incentive Plan.
• On May 13, 2025, Buese acquired 17,565 RSUs as a time-based conditional award, with 1/3 vesting annually in May 2026, 2027, and 2028.
• Additionally, Buese received a one-time grant of 21,956 RSUs, with 1/2 vesting in May 2026 and May 2027, as part of her employment agreement.
• Each RSU represents the right to receive one Ordinary Share of CRH PUBLIC LTD CO.
• Dividend equivalents will apply to these awards and will be reported at the time of vesting.
• Following these transactions, Buese directly owns 39,521 RSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It is neutral to slightly positive as it reflects ongoing investment in key personnel.

Positives

• The acquisition of RSUs aligns the CFO's interests with those of the shareholders, incentivizing her to improve company performance.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects CRH's ongoing efforts to incentivize and retain key personnel.

Comparison to Industry Standards

• Equity-based compensation is a standard practice among publicly listed companies to align executive interests with shareholder value.
• Companies like Holcim and HeidelbergCement also utilize similar equity incentive plans for their executives.
• The vesting schedules and terms of the RSUs are generally consistent with industry norms for executive compensation packages.

Stakeholder Impact

• Shareholders may view the RSU grants positively as they align management's interests with long-term company performance.
• Employees may see this as a positive sign of investment in leadership.

Key Dates

Keywords

CRH, Nancy Buese, restricted share units, RSU, Form 4, Equity Incentive Plan, CFO, beneficial ownership, Ordinary Shares, vesting