Form 4: Vulcan Materials Director Thomas A. Fanning Receives Annual Stock Grant

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

Summary

• On May 9, 2025, Thomas A. Fanning, a director of Vulcan Materials Company, was granted 650 Restricted Stock Units (RSUs).
• 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 in ten equal annual installments starting when Fanning ceases to be a board member.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment to the company.

Future Outlook

Vested Restricted Stock Units will be delivered to the reporting person in ten equal annual installments 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, particularly for directors, to align their interests with those of shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Vulcan Materials is a large producer of construction aggregates.
• Comparible companies include Martin Marietta Materials and Summit Materials.
• Stock grants to directors are a standard practice across these companies as part of their compensation packages.

Stakeholder Impact

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

Key Dates

Keywords

Vulcan Materials, Director, Thomas A. Fanning, Restricted Stock Units, RSU, Stock Grant, Form 4, Beneficial Ownership, 2025 Omnibus Long-Term Incentive Plan