STYSLINGER LEE J III 4
Research Summary
AI-generated summary
Vulcan Materials (VMC) Director Lee J. Styslinger III Receives Award
What Happened
- Lee J. Styslinger III, a director of Vulcan Materials Company (VMC), was granted 228.355 deferred stock units on 2026-06-12. The units were valued at $273.70 each for a total of $62,500. The Form 4 reports this as an award/acquisition (transaction code A) and the units are derivative compensation, not an open-market stock purchase.
Key Details
- Transaction date and value: 2026-06-12; 228.355 units × $273.70 = $62,500.
- Filing: Form 4 filed 2026-06-15 reporting the 6/12 transaction (filing does not indicate lateness).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F1: Units convertible on a 1-for-1 basis into common shares.
- F2: Units resulted from director fees credited under the Vulcan Materials Company Directors' Deferred Compensation Plan.
- F3: Units are to be settled in Vulcan Materials common stock upon the reporting person’s retirement.
- Type: Derivative award (deferred compensation), transaction code A.
Context
- This is a compensation-related award (deferred stock units) credited to a director’s deferred compensation account; such grants reflect pay structure rather than an active open-market buy or sell. The units convert to common shares at a 1-for-1 rate and are scheduled to be settled in stock at retirement, so no immediate shares entered the market.