McPherson John R 4
Research Summary
AI-generated summary
COMMERCIAL METALS (CMC) Director John McPherson Receives Award
What Happened
John R. McPherson, a director of COMMERCIAL METALS Co (CMC), was granted/acquired 31 restricted stock units (RSUs) on February 2, 2026, at an attributable value of $80.38 per share, totaling $2,492. The transaction is reported as an award/acquisition (code A) rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-02; filing date (Form 4): 2026-02-04. The filing appears timely.
- Price/value: $80.38 per share; total value $2,492.
- Shares reported in the transaction: 31 RSUs.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The award represents dividend equivalents deferred into additional RSUs that are fully vested and will be distributable in shares following termination of services as a director per the applicable distribution election (see footnote F1).
Context
This was an awarded grant of vested RSUs (dividend equivalents), common for director compensation, not a market purchase or sale. Such awards are typically routine and do not by themselves indicate a change in the director’s sentiment about the company’s stock.