Form 4: Vulcan Materials Director David P. Steiner Receives Annual Stock Grant

Director David P. Steiner received 650 restricted stock units (RSUs) of Vulcan Materials Company on May 9, 2025, under the company's 2025 Omnibus Long-Term Incentive Plan.

Summary

• On May 9, 2025, David P. Steiner, a director of Vulcan Materials Company, was granted 650 Restricted Stock Units (RSUs) as part of the company's 2025 Omnibus Long-Term Incentive Plan.
• These RSUs represent a contingent right to receive one share of Vulcan Common Stock each.
• The RSUs will cliff vest on May 9, 2026.
• Vested RSUs will be delivered to Steiner when he ceases to be a member of the Board of Directors, according to the terms of the incentive plan.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, which is generally viewed neutrally to positively as it aligns management and shareholder interests.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service on the board.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the RSUs and the condition for their delivery.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• RSU grants are a typical component of executive compensation packages in the materials industry, similar to companies like Martin Marietta Materials and Cemex.
• The vesting schedule of one year is relatively standard for RSU grants.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with the company's long-term performance.
• Employees: The grant is part of the overall compensation structure.

Key Dates

Keywords

Restricted Stock Units, Director Compensation, Form 4, Vulcan Materials, David P. Steiner, Stock Grant, RSU, VMC