Form 4: Vulcan Materials VP Controller Exercises RSUs
Insider Transaction Report
Vulcan Materials' Vice President and Controller, Randy L. Pigg, exercised Restricted Stock Units and subsequently sold shares to cover tax obligations.
Summary
- Randy L. Pigg, Vice President and Controller of Vulcan Materials CO (VMC), reported changes in beneficial ownership.
- On February 21, 2026, Pigg acquired 420 shares of common stock through the exercise of Restricted Stock Units (RSUs).
- These RSUs vested on February 21, 2026, and each represented a contingent right to receive one share of Vulcan Common Stock.
- Following the exercise, Pigg directly owned 1,726 shares of common stock.
- On February 23, 2026, Pigg disposed of 149 shares of common stock at a price of $305.29 per share, likely to cover tax liabilities associated with the RSU vesting and exercise.
- After these transactions, Pigg directly owned 1,577 shares of common stock.
- Additionally, Pigg holds 1,618.232 shares of common stock indirectly through a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation plans involving equity. The exercise of RSUs is positive, but the subsequent sale for tax purposes is a common and expected occurrence.
Positives
- The vesting and exercise of 420 Restricted Stock Units indicate the fulfillment of long-term incentive compensation for the Vice President and Controller.
- The exercise price of $0.00 for the RSUs means the shares were granted as part of an equity compensation plan, providing value to the executive.
Negatives
- The disposition of 149 shares, although likely for tax purposes, reduces the direct beneficial ownership of the Vice President and Controller in the company.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transaction filings like this Form 4 are routine disclosures and typically do not reflect broader industry trends unless part of a larger pattern of insider buying or selling across the sector.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine insider transaction for compensation and tax purposes, not indicative of a change in company fundamentals or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 02/14/2023 | Date Power of Attorney was executed by Randy L. Pigg. |
| 02/21/2026 | Restricted Stock Units (RSUs) vested and were exercised, resulting in the acquisition of 420 shares of common stock. |
| 02/23/2026 | Disposition of 149 shares of common stock at $305.29 per share. |
| 02/24/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine insider transaction involving the exercise of Restricted Stock Units and a subsequent sale of shares to cover tax obligations. It does not provide new material information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation.
Keywords
VMC, Vulcan Materials, Form 4, Insider Transaction, RSU, Stock Sale, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.