Form 4: CRH Director Rhinehart Receives Restricted Share Units

Mary K. Rhinehart, a director of CRH PUBLIC LTD CO, was granted 1,976 restricted share units on May 13, 2025, according to a Form 4 filing.

Summary

• This Form 4 filing reports a transaction by Mary K. Rhinehart, a director of CRH PUBLIC LTD CO.
• On May 13, 2025, Rhinehart was awarded 1,976 restricted share units (RSUs).
• Each RSU represents the right to receive one Ordinary Share of CRH.
• The RSUs are part of a time-based conditional award under the CRH plc Equity Incentive Plan (EIP).
• The full amount of the RSUs will 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 slightly positive. The granting of RSUs is a standard practice and indicates confidence in the company's future performance. It aligns the director's 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 from the director.

Future Outlook

The director's holdings will increase upon vesting of the RSUs in May 2026, aligning her interests with shareholders.

Industry Context

Granting stock-based compensation to directors is a common practice to incentivize performance and align interests with shareholders in the construction materials industry.

Comparison to Industry Standards

• Companies like Vulcan Materials, Martin Marietta Materials, and Cemex also utilize equity-based compensation for their executives and directors.
• The specific amount and vesting schedules vary based on company size, performance metrics, and individual roles.
• Benchmarking against these companies would require analyzing their proxy statements and compensation disclosures.

Stakeholder Impact

• Shareholders: The granting of RSUs aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
• Employees: The equity incentive plan can boost employee morale by demonstrating that the company values its leadership.

Key Dates

Keywords

CRH, restricted share units, RSU, director, Mary K. Rhinehart, Form 4, equity incentive plan, EIP, beneficial ownership