Form 4: CRH Director Kelly Receives Restricted Share Units
SEC Form 4 Filing
Director Shaun Kelly receives 1,976 restricted share units in CRH plc, vesting in May 2026.
Summary
- Shaun Kelly, a director of CRH Public Limited Company, was granted 1,976 restricted share units (RSUs) on May 13, 2025.
- These RSUs represent the right to receive one ordinary share of CRH 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 sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the company's future performance. It aligns director interests with shareholders.
Positives
- The granting of RSUs to a director aligns their 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 specific forward-looking statements beyond the vesting of the RSUs in May 2026.
Industry Context
Granting restricted share units to directors is a common practice in publicly traded companies to incentivize and align their interests with shareholders. This aligns with standard compensation practices within the construction materials industry.
Comparison to Industry Standards
- Companies like Vulcan Materials, Martin Marietta Materials, and Cemex often use similar equity-based compensation plans for their executives and directors.
- The number of RSUs granted and the vesting schedule are typical for director compensation packages in comparable firms.
Stakeholder Impact
- The granting of RSUs to a director can positively impact shareholders by aligning management's interests with long-term company performance.
- Employees may view this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Grant of 1,976 restricted share units. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
| May 2026 | Vesting date for the 1,976 restricted share units. |
Keywords
CRH, restricted share units, RSU, director, Shaun Kelly, equity incentive plan, ordinary shares, beneficial ownership, Form 4
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