Perkins Jerry F Jr 4

What Happened

• Jerry F. Perkins Jr., Senior Vice President of Vulcan Materials Co. (VMC), had performance share units (PSUs) vest and be settled 100% in common stock on 2026-02-13. The filing reports conversion/exercise of derivatives totaling 8,700 shares (5,670 shares reported as acquired; 3,030 shares reported as disposed in the conversion). To satisfy tax withholding, 2,536 shares were surrendered/withheld at $321.92 per share, generating $816,389 in withholding proceeds.

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 17, 2026 (timely).
• Reported entries: M = exercise/conversion of derivative (PSU settlement); F = payment of tax liability via share withholding.
• Shares involved: 5,670 shares acquired; 3,030 shares shown as disposed in the conversion; 2,536 shares withheld for taxes (2,536 * $321.92 = $816,389).
• Shares owned after the transaction: Not disclosed in the filing.
• Footnote: PSUs vested after a three-year performance period ending 12/31/2025 and were settled 100% in Vulcan common stock per the Compensation & Human Capital Committee’s payout determination.
• Filing timeliness: Filed within the Form 4 deadline (covers the 2/13/2026 transaction and was filed on 2/17/2026).

Context

• This was an award settlement (PSUs vesting), not an open-market buy or voluntary sale—receipt of shares from compensation is routine for executives when long-term incentives vest.
• The tax withholding via share surrender is a standard administrative step and does not necessarily indicate a bullish or bearish view by the insider.
• For investors tracking insider activity, this is primarily a compensation-related issuance rather than a discretionary purchase or sale.