Valmont (VMI) CEO Avner Applbaum Sells 162 Shares for Taxes

What Happened

• Avner M. Applbaum, President & CEO and a director of Valmont Industries (VMI), had 162 shares disposed (withheld) to satisfy tax withholding obligations related to equity compensation. The shares were valued at $481.70 each, for a total of approximately $78,035. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-07-31
• Price per share: $481.70; Shares withheld/disposed: 162; Total value: ~$78,035
• Transaction code: F (payment of exercise price or tax liability — tax withholding)
• Filing date / accession: Form 4 filed 2026-08-03 (appears timely)
• Remarks: POA (power of attorney) attached
• Shares owned after transaction: Not reported in this filing

Context

• This filing reflects a routine tax withholding related to equity compensation (e.g., option exercise or restricted share vesting). Such withholdings reduce the insider’s share count but are not the same as an open-market sale driven by investment decisions.