Form 4: Vulcan Materials Director Kathleen Quirk Receives Annual Stock Grant

Sentiment:

SEC Form 4


Director Kathleen Quirk received an annual stock grant of 650 restricted stock units (RSUs) under Vulcan Materials Company's 2025 Omnibus Long-Term Incentive Plan.

Summary

  • Kathleen L. Quirk, a director of Vulcan Materials Company, reported the acquisition of 650 Restricted Stock Units (RSUs) on May 9, 2025.
  • 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 Quirk when she ceases to be a member of the Board of Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It's a standard part of executive compensation.

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

Vested Restricted Stock Units will be delivered to the reporting person when the reporting person ceases to hold office as a member of the Board of Directors of Vulcan Materials Company.

Industry Context

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

Comparison to Industry Standards

  • Stock grants to directors are a standard practice among publicly traded companies, including competitors like Martin Marietta Materials and Cemex.
  • The size of the grant is likely determined by company performance, industry benchmarks, and individual contribution.

Stakeholder Impact

  • The stock grant aligns the director's interests with those of shareholders, potentially encouraging decisions that increase shareholder value.

Key Dates

DateDescription
2023-02-10Date of Power of Attorney execution.
2025-05-09Date of transaction: acquisition of 650 Restricted Stock Units.
2025-05-09Date of annual stock grant.
2026-05-09Cliff vesting date for the Restricted Stock Units.

Keywords

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

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