Talbot Siobhan 4

What Happened

• Siobhan Talbot, a director of CRH plc (CRH), had restricted share units (RSUs) vest/convert and related transactions on May 13, 2026. The filing shows 2,004 shares acquired on exercise/conversion of derivatives at $0.00 (no cash exercise price) and a mandatory withholding of 1,047 shares to cover tax liabilities, valued at $108.75 per share (total ~$113,861).
• The filing also reports a disposition of 1,976 derivative units (reported as a derivative disposition) and a separate grant/award of 1,556 RSUs (a new/time‑based award). The newly granted RSUs are conditional/time‑based and will vest in May 2027 per the plan rules.

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the typical two‑business‑day window).
• Share counts and values reported: 2,004 shares acquired by conversion (no cash paid); 1,047 shares withheld for taxes at $108.75 each (≈ $113,861 total).
• Reported award: 1,556 RSUs granted (these are derivatives/rights to receive shares later; no immediate share value realized).
• Footnotes: Vesting/release relates to a time‑based RSU award granted May 13, 2025 (including 28 dividend‑equivalent shares). Mandatory withholding was used to cover taxes. Each RSU represents the right to one ordinary share; the new award will fully vest in May 2027 and dividend equivalents apply at vesting.
• Shares owned after the transactions are not shown in the excerpt provided.

Context

• This appears to be routine RSU vesting and tax‑withholding, not an open‑market sale. Withholding (code F) is a common way companies cover tax obligations when equity awards vest and does not necessarily indicate a bearish view by the insider.
• The derivative entries reflect RSU conversions/adjustments rather than option exercises for cash purchases; the new RSUs are time‑based awards that vest later.