STYSLINGER LEE J III 4
Research Summary
AI-generated summary
Vulcan Materials (VMC) Director Lee J. Styslinger III Receives 617 RSUs
What Happened
Lee J. Styslinger III, a director of Vulcan Materials Company (VMC), received a grant of 617 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the award at $0.00 (no cash exchanged); the RSUs are derivative awards that represent the contingent right to receive common shares if and when they vest.
Key Details
- Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (timely filing).
- Transaction type/code: Award/Grant (A).
- Amount: 617 Restricted Stock Units; reported acquisition price $0.00 (derivative grant).
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 — each RSU converts to one share upon delivery; F2 — this is the annual stock grant under the Vulcan Materials Company 2025 Omnibus Long‑Term Incentive Plan; F3 — RSUs cliff vest on the specified date and, per plan/previous instructions, vested RSUs will be delivered when the reporting person ceases to hold board office.
- Filing timeliness: filing on 2026-05-12 meets the Form 4 deadline (two business days after the 5/8 transaction).
Context
This was an equity award (RSUs), not an open‑market purchase or sale. RSU grants are a common component of director compensation and do not by themselves indicate a buy/sell signal; the economic value to the insider depends on future vesting and the stock price at delivery. Per the filing, delivery of shares is subject to vesting and specific delivery timing tied to cessation of board service.