Form 4: Vulcan Materials Director Grayson Hall Executes Stock Transaction
SEC Form 4
Director Grayson Hall converted restricted stock units into common stock of Vulcan Materials on June 17, 2024.
Summary
- On June 17, 2024, Director Grayson Hall converted 827 restricted stock units (RSUs) of Vulcan Materials into common stock.
- The RSUs, which vested on May 12, 2024, were settled in shares of Vulcan Common Stock.
- The transaction was executed under Transaction Code M.
- Following the transaction, Hall's holdings of Vulcan Materials common stock increased by 827 shares.
- The reporting person has an attorney-in-fact, Jennifer L. Commander.
Sentiment
Score: 5
Explanation: This is a neutral reporting of a standard insider transaction, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it is a routine conversion of existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| February 10, 2023 | Date of Power of Attorney execution. |
| May 12, 2024 | Restricted Stock Units cliff vested. |
| June 14, 2024 | Date of common stock transaction. |
| June 17, 2024 | Date of derivative security transaction (conversion of RSUs). |
| June 20, 2024 | Date of signature on the SEC filing. |
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