James Hardie (JHX) COO Ryan Kilcullen Receives Award, Withholds Shares

What Happened

• Ryan Kilcullen, Chief Operations Officer of James Hardie Industries plc (JHX), received 7,327 shares on vesting of performance-based equity awards on August 17, 2026 (code A). To cover tax withholding related to the vesting, 2,147 shares were surrendered/disposed (code F) at an implied value of $30.43 per share, totaling about $65,333.
• Net effect: 7,327 shares vested minus 2,147 withheld = a net increase of 5,180 shares to Kilcullen’s holdings.

Key Details

• Transaction date: 2026-08-17; Filing date: 2026-08-19 (filed with the SEC).
• Awarded (A): 7,327 shares acquired at $0.00 (vesting of performance-based awards).
• Withheld (F): 2,147 shares disposed to satisfy tax withholding at $30.43 each, totaling $65,333.
• Footnote: F1 — shares represent vesting of performance-based equity awards under the company’s long-term incentive plans.
• Shares owned after the transaction: Not disclosed in the filing.

Context

• This was a standard vesting of performance-based equity, not an open-market purchase or voluntary sale. The disposed shares reflect tax withholding (a common, routine administrative step), not a market-sale decision.
• For retail investors, awards/vesting signal compensation recognition but do not necessarily indicate the insider’s view on the company’s stock direction.