Favre Ritu 4

What Happened
Ritu Favre, a director of Valmont Industries, was granted 341 restricted stock units (reported as an acquisition, code A) on April 27, 2026. The filing shows an acquisition price of $0.00 (award), so no cash was paid by the insider. These RSUs represent a right to receive one share per unit upon vesting rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-27; Form 4 filed: 2026-04-28 (filed promptly the next day).
• Transaction type/code: Grant/Award (A).
• Number of RSUs granted: 341; reported price: $0.00 (award).
• Shares owned after transaction: not specified in the Form 4.
• Footnote: RSU award vests on the anniversary of the grant date (unless the reporting person defers) and, upon vesting, is settled in an equal number of common shares.
• Remarks: Power of attorney (POA) attached to the filing.

Context
RSU grants are a form of compensation/long‑term incentive, not an immediate market purchase — the recipient only receives actual shares when the units vest (subject to any deferral). Such awards are routine for directors and executives and do not by themselves indicate a buy/sell decision in the open market.