CRH PUBLIC LTD CO·4

May 15, 4:55 PM ET

Dowling Caroline 4

4 · CRH PUBLIC LTD CO · Filed May 15, 2026

Research Summary

AI-generated summary of this filing

Updated

CRH Director Caroline Dowling Receives RSUs, Withholds Shares

What Happened

  • Caroline Dowling, a director of CRH plc (CRH), had time‑based restricted share units (RSUs) vest and convert to ordinary shares on May 13, 2026. The filing reports 2,004 shares acquired on conversion (reported as derivative exercise/conversion) and a mandatory withholding of 1,047 shares to cover tax liabilities at $108.75 per share (totaling $113,861). The Form 4 also shows 1,976 shares reported as disposed in connection with a derivative conversion (no price reported) and a separate grant/award of 1,556 RSUs (reported as an acquisition).

Key Details

  • Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
  • Reported moves:
    • 2,004 shares acquired on conversion of derivative (RSU vesting) — reported at $0.00 acquisition price.
    • 1,047 shares disposed to satisfy tax withholding at $108.75/share = $113,861.
    • 1,976 shares reported as disposed in a derivative conversion (no price/value listed).
    • 1,556 RSUs granted (no price/value listed).
  • Shares owned after the transactions: not specified in the provided filing extract.
  • Footnotes:
    • F1: The 2,004 share conversion reflects vesting/release of a time‑based RSU award granted May 13, 2025 (includes 28 dividend‑equivalent shares).
    • F2: The 1,047‑share disposition is mandatory withholding to cover taxes.
    • F3: The 1,556 RSU award represents future rights to ordinary shares and will fully vest in May 2027; dividend equivalents apply and will be reported at vesting.
  • The withholding is not an open‑market sale but a tax‑satisfaction transfer.

Context

  • RSUs convert to ordinary shares without cash purchase; withholding of shares to cover taxes is a common, administrative action and does not necessarily indicate a change in insider sentiment.
  • The filing shows both share delivery from vested RSUs and a new conditional RSU grant that vests in 2027; the 1,976‑share disposed line is reported without value and appears related to the derivative conversion mechanics in the filing.

Insider Transaction Report

Form 4
Period: 2026-05-13
Transactions
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-05-13+2,0043,004 total
  • Tax Payment

    Ordinary Shares

    [F2]
    2026-05-13$108.75/sh1,047$113,8611,957 total
  • Exercise/Conversion

    Restricted Share Units

    [F1]
    2026-05-131,9760 total
    Ordinary Shares (1,976 underlying)
  • Award

    Restricted Share Units

    [F3]
    2026-05-13+1,5561,556 total
    Ordinary Shares (1,556 underlying)
Footnotes (3)
  • [F1]Reflects the vesting and release of a time-based conditional award of restricted share units ("RSU") granted under the CRH plc 2025 Equity Incentive Plan (the "EIP") on May 13, 2025 (including the award of 28 additional Ordinary Shares as dividend equivalents).
  • [F2]Mandatory withholding of sufficient Ordinary Shares to cover applicable tax liabilities arising in connection with the aforementioned award.
  • [F3]Each RSU represents the right to receive one Ordinary Share of the Issuer. Reflects a time-based conditional award of RSUs, as defined in the EIP, of which the full amount will vest in May 2027 (the "Award"). In accordance with the EIP, dividend equivalents will apply to the Award and will be reported at the time of vesting.
Signature
Cot Eversole, attorney-in fact for Caroline Dowling|2026-05-15

Documents

1 file
  • 4
    ownership.xmlPrimary

    4