Form 4: Vulcan Materials SVP and CFO Mary Andrews Carlisle Reports Stock Transactions
SEC Form 4 Filing
Mary Andrews Carlisle, SVP and CFO of Vulcan Materials, reports the vesting of restricted stock units and a disposition of shares to cover tax obligations.
Summary
- Mary Andrews Carlisle, SVP and CFO of Vulcan Materials Co., reported transactions involving Vulcan Materials common stock.
- On February 18, 2025, 1,200 Restricted Stock Units (RSUs) vested and were converted into shares.
- Also on February 18, 2025, shares were disposed of to cover tax obligations related to the vesting of the RSUs.
- On February 19, 2025, 533 shares were disposed of at a price of $272.76 to cover tax obligations.
- Following these transactions, Carlisle directly owns 5,945 shares of common stock and indirectly owns 1,577.348 shares in a 401(k).
- Carlisle also has a Power of Attorney designating Denson N. Franklin III, C. Samuel Todd, and Jennifer L. Commander as attorneys to prepare and sign SEC filings on her behalf.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transactions are routine and related to executive compensation. There's no indication of unusual activity or concern.
Negatives
- The disposition of 533 shares to cover tax obligations could be seen as a slightly negative signal, although it's a common practice.
Industry Context
Executive stock transactions are routinely monitored by investors as indicators of management's confidence in the company's prospects. RSU vesting is a common form of executive compensation.
Comparison to Industry Standards
- Executive compensation packages including RSUs are standard practice among publicly traded companies, including competitors like Martin Marietta Materials and Eagle Materials.
- The vesting schedules and tax-related dispositions are generally in line with industry norms.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2022-09-07 | Date of Power of Attorney execution. |
| 2025-02-18 | Date of RSU vesting and conversion to shares. |
| 2025-02-19 | Date of share disposition for tax obligations. |
| 2025-02-20 | Date of signature for the Form 4 filing. |
Keywords
Vulcan Materials, Mary Andrews Carlisle, SVP, CFO, Stock Transactions, Form 4, Restricted Stock Units, RSU, Beneficial Ownership, SEC Filing
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