Form 4: CRH Executive San Agustin Receives Restricted Share Units

Juan Pablo San Agustin, a CRH executive, reports the acquisition of 8,124 restricted share units.

Summary

• Juan Pablo San Agustin, Group Executive at CRH, reported the acquisition of 8,124 Restricted Share Units (RSUs) on May 13, 2025.
• These RSUs represent the right to receive one Ordinary Share of CRH each.
• The RSUs are part of a time-based conditional award under the CRH plc Equity Incentive Plan.
• The RSUs will vest in three equal installments on the grant anniversary in May 2026, 2027, and 2028.
• Dividend equivalents will apply to these awards 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 executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The executive will receive Ordinary Shares of CRH upon vesting of the RSUs in the future.

Industry Context

This is a standard practice for publicly traded companies to incentivize and retain key executives through equity-based compensation.

Comparison to Industry Standards

• Equity compensation is a common practice among large, publicly traded companies like CRH.
• Companies such as Holcim, HeidelbergCement, and Saint-Gobain also utilize similar equity incentive plans to align executive compensation with shareholder value.
• The vesting schedule of three years is also typical for RSU grants in the industry.

Stakeholder Impact

• Shareholders may view this as a positive sign, as it aligns executive interests with company performance.
• Employees may see this as a standard compensation practice for executives.
• The impact on customers, suppliers, and creditors is likely to be minimal.

Next Steps

• The executive will hold the RSUs until the vesting dates.
• Dividend equivalents will be reported at the time of vesting.
• The executive will receive Ordinary Shares of CRH upon vesting.

Key Dates

Keywords

CRH, Restricted Share Units, RSU, San Agustin, Equity Incentive Plan, Ordinary Shares, Beneficial Ownership, Form 4