Form 4: Vulcan Materials Executive Stanley G. Bass Reports Stock Transactions
SEC Form 4
Stanley G. Bass, Chief Strategy Officer of Vulcan Materials, reports the settlement of performance share units and subsequent stock transactions.
Summary
- On February 14, 2025, Stanley G. Bass, Chief Strategy Officer of Vulcan Materials Co., reported transactions involving common stock.
- He acquired 9,546 shares of common stock through the settlement of Performance Share Units (PSUs).
- He disposed of 4,257 shares to cover tax withholding obligations at a price of $269.33 per share.
- Following these transactions, Bass directly owns 32,909.24 shares of common stock and indirectly owns 16.934 shares through a 401k.
- The PSUs vested on December 31, 2024, after a three-year performance period, and were settled 100% in Vulcan common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| February 14, 2023 | Date of Power of Attorney execution. |
| December 31, 2024 | Vesting date of Performance Share Units (PSUs). |
| February 14, 2025 | Date of stock transactions (acquisition and disposition). |
| February 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Vulcan Materials, Stanley G. Bass, Stock Transaction, Performance Share Units, VMC, Insider Trading
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