Gibson Dwight Audley Konrad 4
Research Summary
AI-generated summary
Amrize (AMRZ) Director Gibson Konrad Receives RSUs; 740 Shares Withheld
What Happened
Gibson Dwight Audley Konrad, a director of Amrize Ltd (AMRZ), received a restricted stock unit (RSU) award that vested on 2026-04-21 for 2,976 shares (award code A). To satisfy tax withholding related to the vesting, 740 shares were surrendered/disposed (transaction code F) at $57.12 per share, producing proceeds/value of $42,269. The vested RSUs are worth roughly $169,989 based on the $57.12 closing price noted in the filing.
Key Details
- Transaction dates: 2026-04-21 (award vesting and withholding).
- Award: 2,976 RSUs granted/vested (reported as acquisition at $0 in filing; footnote values use closing price).
- Withholding/disposition: 740 shares at $57.12 per share = $42,269.
- Valuation note: Footnote F1 indicates $57.12 is the closing price used to value the vesting; the vested RSUs total ≈ $169,989 (2,976 × $57.12).
- Award terms: Footnote F2 — RSU awarded under Amrize Ltd 2025 Omnibus Incentive Plan; vests on earlier of one-year anniversary or next annual meeting.
- Filing timeliness: Report filed 2026-04-22 for transactions on 2026-04-21 (filed next day; not late).
- Transaction codes: A = award/acquisition (RSU vest); F = payment of exercise price or tax liability (shares withheld to cover taxes).
Context
This was a vesting of RSUs, not an open-market buy or discretionary sale. The 740-share disposition reflects routine tax withholding tied to the RSU vesting rather than a directional bet on the stock; such withholding is common when equity awards vest. The reporting shows acquisition of vested shares and the customary surrender of a portion to cover taxes.