Form 4: Vulcan Materials Director Acquires Phantom Stock
Statement of Changes in Beneficial Ownership
Director Kathleen L. Quirk acquired 319.697 shares of phantom stock under the company's deferred compensation plan.
Summary
- Director Kathleen L. Quirk acquired 319.697 units of phantom stock on June 12, 2026.
- The acquisition was made pursuant to the Vulcan Materials Company Directors' Deferred Compensation Plan.
- The 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.
- The total beneficial ownership following this transaction is 7,197.414 units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Demonstrates continued alignment of director interests with long-term shareholder value through deferred compensation.
Negatives
- None identified.
Risks
- Value of phantom stock is tied to the future performance of Vulcan Materials common stock.
Future Outlook
The units are to be settled in Vulcan Materials Company common stock commencing at the retirement of the reporting person.
Industry Context
StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice, signaling confidence in the company's long-term trajectory within the construction materials sector.
Comparison to Industry Standards
- The use of phantom stock for director compensation is consistent with standard practices among S&P 500 industrial companies to align board incentives with shareholder outcomes.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Next Steps
- Settlement of units into common stock upon the director's retirement.
Key Dates
| Date | Description |
|---|---|
| 2023-02-10 | Date of Power of Attorney execution. |
| 2026-06-12 | Date of the phantom stock acquisition transaction. |
| 2026-06-15 | Date of filing. |
Keywords
Vulcan Materials, VMC, Director, Phantom Stock, Deferred Compensation, Insider Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.