Form 4: CRH Public Ltd Co: Executive Receives Restricted Share Units

Nathan Creech, President of the Americas Division at CRH Public Ltd Co, was granted restricted share units under the company's Equity Incentive Plan.

Summary

• On May 13, 2025, Nathan Creech, President of the Americas Division at CRH Public Ltd Co, received two awards of restricted share units (RSUs) under the company's Equity Incentive Plan (EIP).
• The first award consists of 15,369 RSUs, which will vest in three equal installments on the grant anniversary in May 2026, 2027, and 2028.
• The second award consists of 32,934 RSUs, which will fully vest on the grant anniversary in May 2028.
• Each RSU represents the right to receive one Ordinary Share of CRH Public Ltd Co.
• 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 signal.

Positives

• The granting of RSUs aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.
• The vesting schedule encourages continued service and commitment from the executive.

Future Outlook

The executive's compensation is tied to the company's performance through the vesting of restricted share units, aligning their interests with shareholders.

Industry Context

Granting restricted share units is a common practice in the construction materials industry to incentivize and retain key executives.

Comparison to Industry Standards

• Companies like Vulcan Materials, Martin Marietta Materials, and Cemex also utilize equity-based compensation plans for their executives.
• The vesting schedules and terms of these plans are generally comparable, with vesting periods typically ranging from three to five years.

Stakeholder Impact

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

Key Dates

Keywords

CRH Public Ltd Co, Nathan Creech, Restricted Share Units, RSU, Equity Incentive Plan, EIP, Ordinary Shares, Vesting, Dividend Equivalents, Form 4