Form 4: Vulcan Materials Senior Vice President David P. Clement Reports Sale of Common Stock

Senior Vice President David P. Clement of Vulcan Materials Co. reported the sale of 2,842 shares of common stock at $263 per share on February 29, 2024.

Summary

• David P. Clement, a Senior Vice President at Vulcan Materials Co., filed a Form 4 with the SEC on March 1, 2024.
• The report details the sale of 2,842 shares of Vulcan Materials Co. common stock on February 29, 2024.
• The shares were sold at a price of $263 per share.
• Following the transaction, Clement directly owns 3,660 shares of common stock.
• Clement also indirectly owns 286.523 shares of common stock through a 401(k) plan.
• The filing also includes a Power of Attorney, effective February 14, 2023, granting Denson N. Franklin III, Jennifer L. Commander, and C. Samuel Todd the authority to prepare and file SEC forms on Clement's behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates