Form 4: CRH Director Boucher Awarded Restricted Share Units
SEC Form 4
Director Richard Aidan Hugh Boucher receives 3,293 restricted share units in CRH plc, vesting in May 2026.
Summary
- Richard Aidan Hugh Boucher, a director of CRH plc, was awarded 3,293 restricted share units (RSUs) on May 13, 2025.
- These RSUs represent the right to receive one ordinary share of CRH plc each.
- The RSUs are subject to a time-based conditional award and will fully vest in May 2026.
- Dividend equivalents will apply to the award and will be reported at the time of vesting.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral but positive signal.
Positives
- The award of RSUs aligns the director's interests with those of the shareholders.
- The vesting period encourages long-term commitment to the company's success.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This type of equity compensation is common for directors in publicly traded companies like CRH to align their interests with shareholders and incentivize long-term performance.
Comparison to Industry Standards
- Equity compensation for directors is a standard practice among large, publicly traded companies.
- Companies like Holcim, HeidelbergCement, and LafargeHolcim (now Holcim) also utilize similar equity-based compensation plans for their executives and directors.
- The specific number of RSUs granted and the vesting schedule are likely determined based on factors such as the director's role, company performance, and industry benchmarks.
Stakeholder Impact
- Shareholders may view the RSU award positively as it aligns the director's interests with the company's long-term success.
- Employees may see this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of the transaction: Richard Aidan Hugh Boucher was awarded 3,293 restricted share units. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
| May 2026 | Full vesting date of the 3,293 restricted share units. |
Keywords
CRH, Restricted Share Units, Director, Boucher, Equity Incentive Plan, RSU, Ordinary Shares, Award, Vesting
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