Form 4: Summit Materials Director Steven Wunning Reports Stock Transaction

Director Steven H. Wunning of Summit Materials, Inc. reports the vesting and conversion of restricted stock units into Class A Common Stock on February 29, 2024.

Summary

• On February 29, 2024, Steven H. Wunning, a director of Summit Materials, Inc., reported a transaction involving restricted stock units.
• 4,038 restricted stock units vested and were converted into 4,038 shares of Class A Common Stock.
• Following the transaction, Wunning directly owns 39,013 shares of Class A Common Stock.
• The restricted stock units were settled in Class A Common Stock on a one-for-one basis.
• The reporting was filed on March 4, 2024.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the increase in outstanding shares, but it's unlikely to be significant.

Key Dates

Keywords

Form 4, Summit Materials, Director, Stock Transaction, Restricted Stock Units, Class A Common Stock, Wunning