Kelly Shaun 4
Research Summary
AI-generated summary
CRH Director Kelly Shaun Receives RSUs; Shares Withheld for Taxes
What Happened
Kelly Shaun, a director of CRH plc (CRH), had time‑based restricted share units (RSUs) and other derivative interests settle on May 13, 2026. The filing reports conversion/exercise activity that resulted in the acquisition of 2,004 ordinary shares (reported at $0.00) and an additional grant/award of 1,556 RSUs. To satisfy tax withholding obligations, 962 shares were disposed/withheld at $108.75 per share, generating $104,618. The filing also shows a disposition of 1,976 derivative shares reported as N/A in price/value.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (appears timely).
- Reported items: 2,004 shares acquired via exercise/conversion (M) at $0.00; 1,556 shares reported as a grant/award (A); 962 shares withheld/ disposed for taxes (F) at $108.75 = $104,618; 1,976 derivative shares disposed (M) reported with N/A value.
- Shares owned after the transactions: not specified in the filing.
- Footnotes: F1/F3 indicate these shares relate to time‑based RSUs under the CRH 2025 Equity Incentive Plan (each RSU equals one ordinary share; dividend equivalents apply); F1 notes 28 additional ordinary shares as dividend equivalents; F2 confirms mandatory withholding of shares to cover tax liabilities.
- Transaction codes explained: M = exercise/conversion of derivative; A = grant/award; F = shares withheld to satisfy tax obligations.
Context
This is primarily an RSU settlement and related tax withholding — a routine equity compensation event rather than an open‑market purchase or opportunistic sale. The withholding of shares to cover taxes (F) is common when RSUs vest; it reduces the net shares the insider receives but does not necessarily indicate a directional bet on the stock. For retail investors, awards and withholding are informational about executive compensation and dilution but do not directly signal insider sentiment the way open‑market purchases might.