Form 4: CRH Director Johan Karlstrom Awarded Restricted Share Units

Sentiment:

SEC Form 4


Director Johan Karlstrom receives 1,976 restricted share units in CRH plc, vesting in May 2026.

Summary

  • Johan Karlstrom, a director of CRH plc, was awarded 1,976 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 to slightly positive event.

Positives

  • The award of RSUs aligns the director's interests with those of the shareholders.
  • The vesting period encourages long-term commitment.

Future Outlook

The document outlines the vesting of restricted share units in the future, specifically in May 2026.

Industry Context

The granting of restricted share units is a common practice in publicly traded companies to incentivize and retain key personnel, aligning their interests with those of the shareholders.

Comparison to Industry Standards

  • Equity compensation is a standard practice among large, publicly traded companies like CRH.
  • Companies such as Holcim, HeidelbergCement, and Saint-Gobain also utilize similar equity-based compensation plans for their executives and directors.
  • The specific number of shares and vesting schedules vary based on company size, performance metrics, and individual roles.

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 investing in its leadership.

Key Dates

DateDescription
05/13/2025Date of the transaction: Johan Karlstrom was awarded 1,976 restricted share units.
05/15/2025Date of signature on the SEC Form 4 filing.
May 2026Full vesting date of the 1,976 restricted share units.

Keywords

CRH, Restricted Share Units, RSU, Director, Johan Karlstrom, Equity Incentive Plan, Ordinary Shares, Beneficial Ownership

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