Form 4: Vulcan Materials Senior Vice President David P. Clement Sells 1,000 Shares
SEC Form 4
Senior Vice President of Vulcan Materials, David P. Clement, sold 1,000 shares of common stock at $249.50 per share on June 10, 2024.
Summary
- On June 10, 2024, David P. Clement, a Senior Vice President at Vulcan Materials CO, sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $249.50 per share.
- Following the transaction, Clement directly owns 1,660 shares of Vulcan Materials CO common stock.
- Clement also has 560.04 shares held in a 401k.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating an insider stock sale, which doesn't inherently suggest positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a senior executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| February 14, 2023 | David P. Clement executed a Power of Attorney. |
| June 10, 2024 | David P. Clement sold 1,000 shares of Vulcan Materials CO common stock. |
| June 11, 2024 | Date of signature for the Form 4 filing. |
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