Form 4: Vulcan Materials Director Lee J. Styslinger III Receives Annual Stock Grant

Sentiment:

SEC Form 4


Director Lee J. Styslinger III of Vulcan Materials received 650 restricted stock units as part of the company's 2025 Omnibus Long-Term Incentive Plan.

Summary

  • On May 9, 2025, Lee J. Styslinger III, a director of Vulcan Materials Co., was granted 650 restricted stock units (RSUs) under the company's 2025 Omnibus Long-Term Incentive Plan.
  • Each RSU represents a contingent right to receive one share of Vulcan Materials common stock.
  • The RSUs cliff vest on May 9, 2026, and 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.

Sentiment

Score: 7

Explanation: The document reflects a routine director compensation event, which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative performance or concerns.

Positives

  • The grant of restricted stock units 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 to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.

Comparison to Industry Standards

  • Director compensation packages vary widely across the construction materials industry.
  • Companies like Martin Marietta Materials and Eagle Materials also utilize stock grants as part of their director compensation.
  • The size and vesting schedule of the grant are typical for director compensation at companies of Vulcan Materials' size and market capitalization.

Stakeholder Impact

  • The stock grant aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.
  • The grant has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
February 10, 2023Date of Power of Attorney execution.
May 9, 2025Date of the transaction (grant of restricted stock units).
May 9, 2026Vesting date of the restricted stock units.
May 13, 2025Date of signature by Attorney-In-Fact.

Keywords

Vulcan Materials, Director, Lee J. Styslinger III, Restricted Stock Units, RSU, Stock Grant, Form 4, Beneficial Ownership, 2025 Omnibus Long-Term Incentive Plan

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