Form 4: Vulcan Materials Director James T. Prokopanko Receives Annual Stock Grant

Director James T. Prokopanko 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, James T. Prokopanko, a director of Vulcan Materials Company, was granted 650 Restricted Stock Units (RSUs).
• The grant was made under the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan.
• Each RSU represents a contingent right to receive one share of Vulcan Common Stock.
• The RSUs cliff vest on May 9, 2026.
• Vested RSUs will be delivered to Prokopanko when he ceases to hold office as a member of the Board of Directors.
• Jennifer L. Commander, Attorney-In-Fact, signed the Form 4 on May 13, 2025, on behalf of James T. Prokopanko.

Sentiment

Score: 7

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

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 director will receive shares of Vulcan Common Stock upon ceasing to hold office as a member of the Board of Directors, contingent on the vesting of the RSUs.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, particularly for directors, to align their interests with those of shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Stock grants to directors are a standard practice across the construction materials industry.
• Companies like Martin Marietta Materials (MLM) and Eagle Materials (EXP) also utilize stock-based compensation for their board members.
• The size of the grant (650 RSUs) would need to be compared to grants given to directors at comparable companies to assess its relative value.

Stakeholder Impact

• The stock grant aligns the director's interests with those of shareholders, potentially encouraging decisions that increase shareholder value.
• The grant has a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Restricted Stock Units, RSU, Director, Vulcan Materials, VMC, Stock Grant, Form 4, Beneficial Ownership, Insider Trading