Form 4: Vulcan Materials Director Receives Stock Grant

Sentiment:

Statement of Changes in Beneficial Ownership


Vulcan Materials Company director Kathleen L. Quirk was granted 617 Restricted Stock Units on May 8, 2026, under the company's 2025 Omnibus Long-Term Incentive Plan.

Summary

  • Kathleen L. Quirk, a Director at Vulcan Materials Company, received an annual stock grant.
  • The grant consists of 617 Restricted Stock Units (RSUs).
  • These RSUs are part of the Vulcan Materials Company 2025 Omnibus Long-Term Incentive Plan.
  • The RSUs vest on May 8, 2027, and will be delivered upon the reporting person ceasing to hold office as a member of the Board of Directors.
  • The transaction date was May 8, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine stock grant to a director as part of standard compensation practices, with no immediate financial impact or significant strategic shift indicated.

Positives

  • Director compensation through stock grants aligns management's interests with shareholders.
  • The grant is part of a long-term incentive plan, suggesting a focus on sustained company performance.
  • The value of the grant is tied to the company's common stock, indicating confidence in future stock appreciation.

Risks

  • The value of the stock grant is subject to market fluctuations and the company's future performance.
  • Vesting is contingent on the director remaining in office, creating a potential retention risk if the director leaves before the vesting date.

Future Outlook

The future outlook for the stock grant is tied to the vesting date of May 8, 2027, and the continued service of Kathleen L. Quirk as a director. The delivery of shares is contingent on her ceasing to hold office.

Industry Context

StockSavvy.ai notes that stock grants to directors are a common practice in the materials industry to incentivize long-term performance and align executive interests with shareholders. This grant to a director of Vulcan Materials is consistent with industry norms for executive and director compensation.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Power of AttorneyKathleen L. Quirk has granted a Power of Attorney to Denson N. Franklin III, C. Samuel Todd, and Jennifer L. Commander to prepare and sign SEC filings (Forms 3, 4, and 5) on her behalf.02/10/2023Facilitates timely and accurate filing of beneficial ownership changes, ensuring compliance with Section 16 of the Exchange Act.

Stakeholder Impact

  • Shareholders: The stock grant aligns director incentives with shareholder value creation, potentially leading to better long-term performance.
  • Employees: The use of a long-term incentive plan may signal a broader company strategy focused on sustained growth, which could benefit employees.
  • Management: The grant is a standard component of director compensation, reinforcing the existing compensation structure.

Next Steps

  • Delivery of 617 shares of Vulcan Common Stock to Kathleen L. Quirk upon her ceasing to hold office as a member of the Board of Directors.
  • Potential revocation of the Power of Attorney by Kathleen L. Quirk.

Key Dates

DateDescription
02/10/2023Effective date of the Power of Attorney for Kathleen L. Quirk.
05/08/2026Transaction date for the stock grant and earliest transaction date reported.
05/08/2027Vesting date for the Restricted Stock Units.
05/12/2026Date the Form 4 was signed by the attorney-in-fact.

Keywords

Vulcan Materials, VMC, Form 4, SEC Filing, Stock Grant, Restricted Stock Units, Director Compensation, Omnibus Long-Term Incentive Plan, Kathleen L. Quirk

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.