CRH PUBLIC LTD CO·4

May 15, 5:08 PM ET

Khan Badar 4

Research Summary

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Updated

CRH Director Khan Badar Receives RSUs; 962 Shares Withheld for Taxes

What Happened

  • Khan Badar, a director of CRH plc (CRH), reported the vesting/conversion of RSUs on May 13, 2026 that resulted in the acquisition of 2,004 ordinary shares (reported at $0.00). To cover tax liabilities related to that vesting, 962 shares were withheld/disposed at an effective price of $108.75, totaling $104,618. The filing also reports a grant of 1,556 RSUs (a new award) and an additional derivative-related disposition item (1,976 shares) reported as disposed (derivative, N/A value) in the same filing.
  • This was not an open-market buy or sell intended as an investment decision by the insider; it reflects equity compensation vesting and customary tax withholding.

Key Details

  • Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the standard reporting window).
  • Acquired: 2,004 shares from RSU conversion (reported at $0.00).
  • Withheld/Disposed for taxes: 962 shares at $108.75 each = $104,618.
  • Additional items on the form: 1,976 derivative shares reported as disposed (listed as derivative, N/A value) and a grant of 1,556 RSUs (A).
  • Shares owned after the transaction: not specified in the provided filing data.
  • Footnotes: F1 notes the vesting/release of a time‑based RSU award (including 28 dividend-equivalent shares); F2 confirms mandatory withholding to cover tax liabilities; F3 clarifies each RSU equals one ordinary share and the newly reported RSU grant vests in May 2027.

Context

  • RSU vesting converts awards into actual shares; withholding some shares to cover taxes is a routine, administrative action and not the same as an open-market sale for investment purposes. The net shares delivered to Khan Badar from this vesting were 2,004 − 962 = 1,042 shares. The separate 1,556 RSU grant is a time‑based award that will vest in May 2027 (per the plan).