Beastrom Timothy 4

What Happened
Timothy Beastrom, Chief Legal Officer of James Hardie Industries plc (JHX), was granted equity awards on June 15, 2026. The Form 4 reports two award entries: 6,952 shares granted at $0 and a derivative award of 8,663 shares (RSUs) granted at $0. These are grants/awards (not purchases or sales) and carry no immediate cash value at grant.

Key Details

• Transaction date and filing: Awards dated 2026-06-15; Form 4 filed 2026-06-17 (appears timely under the 2-business-day rule).
• Prices/values: Both entries recorded at $0 at grant (standard for RSU/time‑based awards).
• Vesting/award type: Footnote F1 indicates the derivative award consists of restricted stock units (RSUs) that vest in three equal annual installments beginning on the first anniversary of the grant, subject to continued service. Footnote F2 notes this is an annual grant under the issuer’s FY2027 long-term incentive plan; additional details will be in the 2026 proxy. Footnote F3 references non‑qualified stock option vesting (three equal annual installments) but no option exercise is reported in these transactions.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.

Context
These entries are compensation awards (time‑based RSUs/long‑term incentives), which are routine for executives and do not represent an open‑market purchase or sale. Such grants generally vest over time and only convert into owned shares when vesting conditions are met; they do not imply an immediate cash inflow or sale.