Perkins Jerry F Jr 4

What Happened

• Jerry F. Perkins Jr., Chief Administrative Officer of Vulcan Materials Company (VMC), was granted three derivative awards on February 19, 2026 totaling 8,230 units: 3,820; 1,270; and 3,140 units. Each grant shows an acquisition price of $0.00 (awarded as compensation), so no cash was exchanged at grant.
• These are awards/derivative grants (not open‑market purchases or sales). The awards may convert to or pay out in Vulcan common stock subject to vesting and performance conditions.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the typical 2-business‑day window).
• Awards and counts: 3,820 units; 1,270 units; 3,140 units — total 8,230 units; reported price $0.00 (compensation grants).
• Shares owned after transaction: Not specified in the supplied filing details.
• Relevant footnotes in the filing:
  • F1: Performance Share Units (PSUs) vest on Dec 31 at end of performance period (Jan 1, 2026–Dec 31, 2028); payout in Vulcan stock based on relative S&P 500 performance and cash gross profit/ton growth.
  • F2: Each Restricted Stock Unit (RSU) represents a contingent right to one share.
  • F3: RSUs cliff vest on the stated date and are settled in shares within 75 days after vesting.
  • F4: Stock Appreciation Rights (SARs) vest in three equal annual installments beginning on the grant date.
• Filing timeliness: Filing appears timely (filed Feb 23 for a Feb 19 transaction).

Context

• These awards are compensation-based derivative grants (PSUs/RSUs/SARs) — they represent contingent rights to receive stock or stock-value in the future if vesting and/or performance conditions are met. They are neutral in the short term (not an indication of an open-market purchase or sale).
• For PSUs, final payout amount and share count will depend on later performance determinations; for RSUs and SARs, vesting schedules and settlement rules will determine when (and if) shares or value are delivered.