Form 4: Vulcan Materials Executive Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Jerry F. Perkins Jr., a Senior Vice President at Vulcan Materials Co., executed stock options and disposed of shares on February 18th and 19th, 2025, according to a Form 4 filing with the SEC.
Summary
- On February 18, 2025, Jerry F. Perkins Jr., Senior Vice President of Vulcan Materials Co., exercised stock options, acquiring 900 shares of common stock.
- Also on February 18, 2025, 900 Restricted Stock Units (RSUs) vested and were settled in shares of Vulcan Common Stock.
- On February 19, 2025, Mr. Perkins disposed of 386 shares of common stock at a price of $272.76 per share.
- Following these transactions, Mr. Perkins directly owns 12,079 shares of Vulcan Materials Co. common stock.
- Mr. Perkins also has indirect ownership of 4,894.356 shares of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock; this provides transparency to the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| February 14, 2023 | Power of Attorney executed by Jerry F. Perkins Jr. |
| February 18, 2025 | Restricted Stock Units cliff vest and are settled in shares of Vulcan Common Stock. |
| February 18, 2025 | Exercise of stock options resulting in acquisition of 900 shares. |
| February 19, 2025 | Disposal of 386 shares of common stock at $272.76 per share. |
| February 20, 2025 | Date of signature for the Form 4 filing. |
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