FEARON RICHARD H 4

What Happened
Richard H. Fearon, a director of CRH plc (CRH), had time‑based restricted share units (RSUs) converted to ordinary shares on May 13, 2026. The filing reports 2,004 shares acquired via conversion (transaction code M, $0.00 per share). To cover tax withholding, 962 of those shares were surrendered (transaction code F) at $108.75 per share, totaling $104,618. The filing also shows a conversion/disposition entry for 1,976 derivative units (M, reported as derivative/disposed) and a separate grant/award of 1,556 RSUs (A).

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
• Main entries: 2,004 shares acquired via RSU conversion (M); 962 shares withheld/disposed to satisfy taxes at $108.75 each (F) = $104,618. Also reported: 1,976 derivative conversion/disposition and a grant of 1,556 RSUs.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F1: Reflects vesting/release of a time‑based RSU award granted under the 2025 Equity Incentive Plan (includes 28 extra shares as dividend equivalents).
  • F2: Mandatory withholding of shares to cover applicable tax liabilities (the 962‑share disposal).
  • F3: Each RSU equals the right to one ordinary share; the described time‑based RSU award is governed by the EIP and dividend equivalents will be reported at vesting (full vesting noted for May 2027 in the footnote).
• Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = shares withheld to cover taxes; A = grant/award.

Context
This activity reflects routine RSU vesting and tax withholding rather than an open‑market sale or purchase decision. Withholding shares to cover taxes is common when RSUs vest and does not necessarily indicate a change in insider sentiment. The conversion of derivatives here refers to RSUs settling into ordinary shares; the separate RSU grant suggests ongoing incentive awards under CRH's equity plan.