Form 4: Vulcan Materials Director Lydia H. Kennard Reports Stock Transaction
SEC Form 4
Director Lydia H. Kennard reports the vesting and settlement of restricted stock units into Vulcan Materials common stock.
Summary
- On June 17, 2024, Lydia H. Kennard, a director of Vulcan Materials Co., reported a transaction involving restricted stock units.
- 827 restricted stock units vested and were settled into 827 shares of Vulcan Materials common stock.
- The transaction was executed at a price of $0.00 per share, indicating the vesting of the units.
- Following the transaction, Ms. Kennard directly owns 827 shares of Vulcan Materials common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 07/08/2022 | Date of Power of Attorney execution. |
| 05/12/2024 | Date of Restricted Stock Units award. |
| 06/14/2024 | Date of Restricted Stock Units vesting. |
| 06/17/2024 | Date of transaction (vesting of restricted stock units). |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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