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

What Happened

• Avner M. Applbaum, President & CEO and a director of Valmont Industries (VMI), had 162 shares disposed on 2026-07-31 under transaction code F (payment of exercise price or tax liability). The shares were valued at $481.70 each, totaling approximately $78,035.
• This was a withholding/disposition to satisfy tax or exercise obligations (not an open-market sale), a routine administrative action following an award vesting or option exercise.

Key Details

• Transaction date: 2026-07-31; price: $481.70 per share; total value reported: $78,035.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes/exercise).
• Shares owned after the reported transaction: not specified in the provided excerpt.
• Filing status: This is an AMENDED Form 4; the amendment adds the reporting person’s power of attorney (POA) as an exhibit that was inadvertently omitted from the original filing.
• No 10b5-1 plan or late-filing indication was provided in the supplied details.

Context

• Code F transactions are typically administrative (withholding to cover taxes or exercise costs) and do not represent an open-market sale or market-directed trade—therefore they are less indicative of the insider’s view on the company than purchases or open-market sales.
• For retail investors, note this is a routine post-vesting/option-related action rather than a signal of active selling.