Form 4: Director Lee J. Styslinger III Acquires VMC Phantom Stock
Statement of Changes in Beneficial Ownership
Director Lee J. Styslinger III acquired 228.355 shares of phantom stock in Vulcan Materials Company via a deferred compensation plan.
Summary
- Director Lee J. Styslinger III was credited with 228.355 units of phantom stock on June 12, 2026.
- The transaction represents director fees deferred under the Vulcan Materials Company Directors' Deferred Compensation Plan.
- The phantom stock units are convertible on a 1-for-1 basis into common stock.
- The units will be settled in common stock upon the director's retirement.
- Following this transaction, the director holds a total of 12,657.254 units of phantom stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Demonstrates alignment of director interests with long-term shareholder value through deferred compensation.
- Reflects continued commitment of board leadership to the company.
Negatives
- None identified; this is a routine administrative transaction related to director compensation.
Risks
- Value of deferred compensation is subject to the future market performance of Vulcan Materials Company common stock.
Future Outlook
The units are to be settled in Vulcan Materials Company common stock upon the retirement of the reporting person.
Industry Context
StockSavvy.ai notes that director deferred compensation plans are standard corporate governance practices in the construction materials sector, ensuring board members maintain a vested interest in long-term equity performance.
Comparison to Industry Standards
- The use of phantom stock for director compensation is consistent with standard practices among S&P 500 industrial companies.
- The 1-for-1 conversion ratio is a standard mechanism for aligning director compensation with shareholder outcomes.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Participation | Director elected to defer fees into the company's Directors' Deferred Compensation Plan. | 2026-06-12 | Aligns director compensation with long-term stock performance. |
Stakeholder Impact
- Shareholders: Neutral impact; reflects standard director compensation practices.
Next Steps
- Settlement of phantom stock units into common stock upon the director's retirement.
Key Dates
| Date | Description |
|---|---|
| 2023-02-10 | Date of Power of Attorney execution for SEC filings. |
| 2026-06-12 | Date of the reported phantom stock transaction. |
| 2026-06-15 | Date of filing the Form 4 with the SEC. |
Keywords
Vulcan Materials, VMC, Director Compensation, Phantom Stock, Insider Transaction, Deferred Compensation
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