Form 4: Vulcan Materials Officer Thompson S. Baker II Sells Shares

Sentiment:

SEC Form 4


Thompson S. Baker II, a President at Vulcan Materials Co, recently sold shares of the company's common stock in multiple transactions.

Summary

  • Thompson S. Baker II, a President of Vulcan Materials Co [VMC], has reported the sale of company stock.
  • On May 10, 2024, Baker sold 5,006 shares at a price of $272.67, 794 shares at $273.13, 292 shares at $273.13, 408 shares at $273.14 and 2,100 shares at $273.48.
  • On May 13, 2024, Baker sold 4,510 shares at $272.54, 500 shares at $272.81 and 1,600 shares at $272.85.
  • Following these transactions, Baker directly owns 32,463 shares of common stock.
  • Baker also indirectly owns shares through various trusts, including the Edward L. Baker Revocable Living Trust (0 shares), the Martha F. Baker Revocable Living Trust (1,208 shares), shares held for the benefit of children (1,900 shares), and the Thompson S. Baker II Revocable Trust (7,135 shares).
  • Additionally, Baker holds 4,784.255 shares in a 401k.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of insider trading activity. It is common for company executives to periodically buy or sell shares of their company's stock.

Stakeholder Impact

  • The stock sale could have a minor negative impact on shareholder sentiment, although insider selling is not always indicative of negative company performance.

Key Dates

DateDescription
02/14/2023Power of Attorney executed by Thompson S. Baker II
05/10/2024Sale of Vulcan Materials Co. common stock by Thompson S. Baker II
05/13/2024Sale of Vulcan Materials Co. common stock by Thompson S. Baker II
05/14/2024Date of Form 4 signature by Attorney-In-Fact

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