Anderson Melissa H. 4
Research Summary
AI-generated summary
Vulcan Materials (VMC) Director Melissa Anderson Receives Award
What Happened
- Melissa H. Anderson, a director of Vulcan Materials Company (VMC), received a grant/award of 228.355 derivative units on June 12, 2026. The grant is reported at an acquisition price of $273.70 per share, with a total grant value of $62,500. This was an award under the company’s director compensation arrangements (not an open‑market purchase).
Key Details
- Transaction date and filing: Transaction dated 2026-06-12; Form 4 filed 2026-06-15 (filed timely within required reporting window).
- Transaction type/code: A — Grant/award (derivative).
- Amount and price: 228.355 units @ $273.70 = $62,500 (grant-date value).
- Shares owned after transaction: Not stated in this filing.
- Notable footnotes from the filing:
- F1: Units are convertible on a 1-for-1 basis into common stock.
- F2: The units were credited from the Director’s Deferred Compensation Plan (director fees credited to the account).
- F3: The units are to be settled in Vulcan Materials common stock commencing at the reporting person’s retirement.
Context
- These units are a form of deferred compensation for a director and are derivative awards that will convert into shares (1-for-1) and be settled in stock starting at retirement. Such awards reflect compensation policy rather than an outright purchase or sale that signals a trading view.