Form 4: Vulcan Materials CEO J. Thomas Hill Reports Stock Transactions

Sentiment:

SEC Form 4


Vulcan Materials CEO J. Thomas Hill reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

  • J. Thomas Hill, Chairman & CEO of Vulcan Materials Co., reported transactions involving Vulcan Materials CO [VMC] common stock.
  • On February 18, 2025, 7,300 Restricted Stock Units (RSUs) vested and were converted into common stock.
  • Also on February 18, 2025, 7,300 shares were acquired at an unspecified price.
  • On February 19, 2025, 3,066 shares were disposed of at a price of $272.76 per share to cover tax obligations.
  • Following these transactions, Hill directly owns 43,162.665 shares of common stock and indirectly owns 33,592.528 shares through a 401(k).
  • The RSUs cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.

Key Dates

DateDescription
2023-02-14Date of Power of Attorney execution.
2025-02-18Restricted Stock Units vested and converted into common stock.
2025-02-19Shares disposed of to cover tax obligations.
2025-02-20Date of signature for the Form 4 filing.

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