FANNING THOMAS A 4

What Happened

• Thomas A. Fanning, a director of Vulcan Materials Company (VMC), received an award of 301.428 deferred stock units on 2026-06-12. The grant is reported at an attributable price of $273.70 per share, for a total value of $82,500. The transaction is coded as an award/acquisition (A) and is a derivative/units-based grant rather than an immediate open-market purchase.

Key Details

• Transaction date: 2026-06-12; filing date: 2026-06-15 (filed within the Form 4 two-business-day requirement).
• Quantity and valuation: 301.428 units × $273.70 = $82,500 reported.
• Instrument: Derivative units/awarded deferred compensation (reported as "Derivative").
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: Units are convertible on a 1-for-1 basis to common shares.
  • F2: Award represents director's fees credited under the Vulcan Materials Directors' Deferred Compensation Plan.
  • F3: Units will be settled in Vulcan Materials common stock beginning at the reporting person's retirement.

Context

• This is a compensation-related award (deferred stock units) rather than an immediate cash purchase of shares. The units convert 1-for-1 into common stock and will be settled at retirement, so they do not necessarily represent immediate share ownership or an immediate bullish purchase signal. The filing appears timely.