Form 4: CRH Director Lamar McKay Executes Equity Transactions
Statement of Changes in Beneficial Ownership
Director Lamar McKay reported the vesting of restricted share units and subsequent tax-related share withholding for CRH plc.
Summary
- Director Lamar McKay acquired 2,004 ordinary shares through the vesting of restricted share units (RSUs).
- A total of 962 shares were withheld by the company to satisfy tax obligations related to the vesting event.
- Following these transactions, the director's total beneficial ownership in CRH stands at 5,042 ordinary shares.
- A new grant of 1,556 RSUs was awarded to the director, scheduled to vest in May 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding director equity compensation with no impact on company operations.
Positives
- Director maintains a direct equity stake of 5,042 shares, aligning interests with shareholders.
- The transaction reflects standard equity incentive plan participation rather than open market selling.
Negatives
- The withholding of 962 shares for tax purposes represents a reduction in potential total share accumulation.
Risks
- Future share ownership is subject to the performance and vesting conditions of the CRH plc 2025 Equity Incentive Plan.
Future Outlook
The director received a new grant of 1,556 RSUs which are expected to vest in May 2027, subject to the terms of the 2025 Equity Incentive Plan.
Management Comments
- Transactions were conducted in accordance with the CRH plc 2025 Equity Incentive Plan.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of director compensation and equity alignment, common among large-cap industrial and building materials firms like CRH.
Comparison to Industry Standards
- The use of RSUs as a primary component of director compensation is consistent with standard corporate governance practices for multinational corporations.
- Tax withholding at vesting is a standard administrative procedure for equity-based compensation plans.
Stakeholder Impact
- Minimal impact on shareholders as these are standard equity incentive plan transactions.
Next Steps
- Vesting of the 1,556 RSUs granted on May 13, 2026, scheduled for May 2027.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Original grant date of the time-based conditional RSU award. |
| 05/13/2026 | Date of RSU vesting and transaction execution. |
| 05/15/2026 | Date of filing for the reported transactions. |
| 05/01/2027 | Expected vesting date for the new RSU award. |
Keywords
CRH, Director, Insider Trading, Equity Incentive Plan, Restricted Share Units, Form 4
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