Form 4: Vulcan Materials Director Kathleen Quirk Increases Indirect Holdings Through Deferred Compensation Plan

Vulcan Materials Company Director Kathleen L. Quirk has increased her indirect beneficial ownership of the company's stock by acquiring 326.978 phantom stock units through a deferred compensation plan.

Summary

• Kathleen L. Quirk, a Director of Vulcan Materials Company (VMC), acquired 326.978 phantom stock units on June 13, 2025.
• These phantom stock units are convertible to common stock on a 1-for-1 basis.
• The units were credited as director's fees under the Vulcan Materials Company Directors' Deferred Compensation Plan.
• The phantom stock units were valued at $267.6 per unit for this transaction.
• Following this acquisition, Ms. Quirk directly beneficially owns a total of 6,615.659 phantom stock units.
• These units are scheduled to be settled in Vulcan Materials Company common stock upon Ms. Quirk's retirement.

Sentiment

Score: 6

Explanation: The filing indicates a routine compensation event for a director, aligning their interests with shareholders through equity-based awards, which is generally viewed as a positive for corporate governance. It does not contain any negative news or significant strategic shifts.

Positives

• Director's compensation is aligned with shareholder interests through equity-based awards.
• Increased beneficial ownership by a director indicates continued commitment to the company.

Future Outlook

The phantom stock units acquired by Director Kathleen L. Quirk are forward-looking in that they are scheduled to be settled in Vulcan Materials Company common stock upon her retirement.

Industry Context

This filing represents a routine insider transaction related to director compensation, a common practice across publicly traded companies to align the interests of board members with those of shareholders through equity-based awards.

Comparison to Industry Standards

• The use of phantom stock units as a form of deferred compensation for directors is a common practice among public companies, aligning director incentives with long-term shareholder value.
• This mechanism is comparable to similar plans adopted by other large industrial and materials companies, ensuring competitive and performance-linked compensation for board members.

Corporate Governance

Related Party Transactions

• Acquisition of 326.978 phantom stock units by Director Kathleen L. Quirk as part of her director's fees under the company's deferred compensation plan.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value through equity-based compensation.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• The phantom stock units will be settled in Vulcan Materials Company common stock upon the retirement of Kathleen L. Quirk.

Key Dates

Keywords

Vulcan Materials, VMC, SEC Form 4, insider transaction, director compensation, phantom stock, beneficial ownership, deferred compensation