Kilcullen Ryan 4

What Happened
Ryan Kilcullen, Chief Operations Officer of James Hardie Industries plc (JHX), received equity awards on June 15, 2026: 7,945 restricted stock units (RSUs) and 9,900 derivative awards. Both grants were recorded at $0.00 (no cash paid). These are awards — not open-market purchases or sales — and will convert to shares only if/when vesting conditions are met.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (filed within typical 2-business-day window).
• Awards: 7,945 RSUs (footnote F1) and 9,900 derivative awards (footnote F2). Grant price recorded as $0.00.
• Vesting: F1 RSUs vest in three equal annual installments beginning on the first anniversary of the grant, subject to continued service. F2 notes this is the annual FY2027 long-term incentive grant; additional details to appear in the issuer's 2026 proxy statement.
• Footnote F3 in the filing describes a standard 3-year vesting schedule for non‑qualified stock options, but no option exercise is reported in these transactions.
• Shares owned after the transactions are not specified in the excerpt of the filing.

Context
RSUs and derivative awards are forward-looking compensation: they don't represent immediately tradable shares and will only convert to stock if vesting and other conditions are satisfied. These grants are routine executive compensation under the company’s long-term incentive plan and are informational for investors tracking insider alignment with shareholders; they are not an immediate cash investment or sale.