Lake Randy 4
4 · CRH PUBLIC LTD CO · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
CRH COO Randy Lake Receives RSU Award; Shares Withheld for Taxes
What Happened Randy Lake, Chief Operating Officer of CRH plc (CRH), had one-third of a time‑based restricted share unit (RSU) award vest on May 13, 2026. The filing shows the conversion/vesting produced 6,381 ordinary shares (6,294 vested RSUs plus 87 dividend-equivalent shares) issued at $0.00. To satisfy tax withholding, 2,843 shares were surrendered/disposed at an implied price of $108.75 each, totaling approximately $309,176. This was a vesting/compensation event rather than an open-market purchase or a voluntary sale.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (within the usual 2‑business‑day reporting window).
- Shares acquired on vesting: 6,381 ordinary shares (includes 87 dividend-equivalent shares).
- Shares withheld for taxes: 2,843 shares at $108.75 each, totaling ~$309,176.
- The filing also lists the underlying vested RSUs as 6,294 shares (1/3 of 18,882 RSUs granted on May 13, 2025).
- Footnotes: F1 explains the 1/3 vesting of an 18,882 RSU award (with 1/3 vesting annually in May 2027 and 2028); F2 notes mandatory withholding of shares to cover tax liabilities.
- Shares owned after the transaction are not specified in the provided excerpt of the filing.
Context
- This is a routine compensation vesting event (RSUs converting to ordinary shares) with mandatory share withholding to cover taxes — functionally similar to a cashless exercise/settlement but not an open‑market sale that would signal trading intent.
- No 10b5‑1 plan or gift is indicated; the activity reflects standard executive compensation administration.
Insider Transaction Report
Form 4
Lake Randy
Chief Operating Officer
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-05-13+6,381→ 106,979 total - Tax Payment
Ordinary Shares
[F2]2026-05-13$108.75/sh−2,843$309,176→ 104,136 total - Exercise/Conversion
Restricted Share Units
[F1]2026-05-13−6,294→ 26,844 total→ Ordinary Shares (6,294 underlying)
Footnotes (2)
- [F1]Reflects the vesting and release of 1/3 of a time-based conditional award of 18,882 restricted share units ("RSU") granted under the CRH plc 2025 Equity Incentive Plan (the "EIP") on May 13, 2025 (including the award of 87 additional Ordinary Shares as dividend equivalents), of which a further 1/3 will vest on each grant anniversary in May 2027 and 2028, respectively.
- [F2]Mandatory withholding of sufficient Ordinary Shares to cover applicable tax liabilities arising in connection with the aforementioned award.
Signature
Cot Eversole, attorney-in-fact for Randy Lake|2026-05-15