Bass Stanley G 4

What Happened

• Stanley G. Bass, Chief Strategy Officer of Vulcan Materials (VMC), was granted three equity awards on 2026-02-19 totaling 3,100 derivative units: 1,440, 480 and 1,180 shares respectively. Each award is reported at $0.00 (no cash purchase); these are compensation awards (derivative securities) to be settled in Vulcan common stock under the terms described in the filing.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the typical two-business-day Form 4 deadline).
• Reported price: $0.00 for each award (treated as derivative/compensation grants).
• Total units granted: 3,100 (1,440 + 480 + 1,180).
• Shares owned after transaction: Not disclosed in the summary provided.
• Footnotes in the filing indicate the awards include performance share units, restricted stock units (RSUs), and stock appreciation rights (SARs) with specific vesting/settlement rules (see Context).
• No open-market purchase or sale was reported — these are compensation grants, not purchases or dispositions.

Context

• Performance Share Units (per footnote): Vest at the end of a performance period (here, Jan 1, 2026–Dec 31, 2028) and payout is determined by relative S&P 500 performance and Vulcan’s cash gross profit per ton metric; payout is made 100% in Vulcan common stock on a committee-determined payment date.
• RSUs (per footnotes): Each RSU is a contingent right to one share; RSUs cliff vest on the specified date and are settled in shares within 75 days after vesting.
• SARs (per footnote): Stock Appreciation Rights vest in three equal annual installments beginning on the indicated date.
• These awards are standard executive compensation tools meant to align pay with long‑term company performance; they do not represent an immediate open-market buy or sell.