Form 4: CRH Public Ltd Co: Executive Peter J. Buckley Awarded Restricted Share Units

Peter J. Buckley, President of the International Division at CRH Public Ltd Co, was granted 10,317 restricted share units on May 13, 2025, according to a Form 4 filing.

Summary

• Peter J. Buckley, President of the International Division at CRH Public Ltd Co, received an award of 10,317 restricted share units (RSUs) on May 13, 2025.
• These RSUs are part of the CRH plc Equity Incentive Plan (EIP) and represent the right to receive one Ordinary Share of the Issuer per RSU.
• The RSUs vest in three equal installments, with 1/3 vesting on the grant anniversary in May 2026, 2027, and 2028 respectively.
• 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, which is generally viewed neutrally to positively as it aligns management and shareholder interests. The vesting schedule promotes long-term commitment.

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 document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

This type of equity compensation is common for executives in publicly traded companies to incentivize performance and align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation practices vary across industries and company sizes.
• Comparing CRH's equity compensation plans to those of its peers in the building materials industry, such as Holcim, HeidelbergCement, and Saint-Gobain, would provide a more comprehensive assessment.
• Factors to consider include the percentage of equity granted, vesting schedules, and performance metrics.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the executive to improve company performance.
• Employees may see this as a positive sign of investment in leadership.

Next Steps

• The executive will receive Ordinary Shares of CRH Public Ltd Co as the RSUs vest over the next three years.
• Dividend equivalents will be reported at the time of vesting.

Key Dates

Keywords

Restricted Share Units, CRH Public Ltd Co, Form 4, Equity Incentive Plan, Beneficial Ownership, Peter J. Buckley, Executive Compensation