4Filed Aug 23, 8:00 PM ET
James Hardie (JHX) CEO Aaron Erter Receives Equity Awards
$JHX · James Hardie Industries plcResearch Summary
AI-generated summary of this SEC filing
James Hardie (JHX) CEO Aaron Erter Receives Equity Awards
What Happened
- Aaron M. Erter, CEO and Director of James Hardie Industries plc (JHX), received equity awards on August 20, 2026. The Form 4 reports a grant of 60,588 restricted stock units (RSUs) and a grant of 75,495 non‑qualified stock options (reported as a derivative acquisition), each reported at an acquisition price of $0.00.
- These were compensation awards (not open‑market purchases or sales). The filing shows the awards were granted at no cash cost to the insider; any future value depends on vesting and share price movements.
Key Details
- Transaction date: 2026-08-20; Filing date: 2026-08-24 (filed 4 days after the transaction).
- Reported amounts and prices:
- 60,588 RSUs @ $0.00 (award)
- 75,495 non‑qualified stock options @ $0.00 (derivative award)
- Shares owned after transaction: not specified in this Form 4.
- Footnotes:
- F1: The 60,588 RSUs vest in three equal annual installments beginning June 15, 2027, subject to continued service.
- F2: The 75,495 non‑qualified stock options vest in three equal annual installments beginning June 15, 2027, subject to continued service.
- Timeliness: The Form 4 was filed after the usual two‑business‑day window for reporting insider transactions (filed 4 days after the reported transaction); late filings reduce near‑term transparency.
Context
- RSUs: represent a promise to receive shares if vesting conditions are met; no immediate shares were transferred at grant.
- Stock options: give the holder the right to buy shares in the future if vested and exercised; this filing reports the grant (vesting schedule) only—there is no exercise or immediate sale reported here.
- Grants like these are commonly used as executive compensation and do not by themselves indicate a buy or sell signal by the insider.