4Filed Aug 18, 8:00 PM ET
Valmont (VMI) SVP Renee Campbell Exercises Options
$VMI · VALMONT INDUSTRIES INCResearch Summary
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Valmont (VMI) SVP Renee Campbell Exercises Options
What Happened
- Renee L. Campbell, SVP, Capital Markets & Risk at Valmont Industries (VMI), exercised 838 stock options on Aug 17, 2026. The exercise price was $252.89 per share (total cost ≈ $211,922).
- To satisfy tax withholding, 601 of the resulting shares were withheld/disposed at a reported value of $501.85 per share (total ≈ $301,612). The related derivative position for 838 options was recorded as converted/closed.
Key Details
- Transaction date: 2026-08-17; Form 4 filed: 2026-08-19 (two days after the transaction).
- Exercise: 838 options exercised at $252.89 = $211,922 (code M).
- Tax withholding/disposition: 601 shares at $501.85 = $301,612 (code F).
- Derivative entry: 838 options shown as converted/disposed (recording of exercise).
- Shares owned after transaction: not reported in the provided filing.
- Footnote: F1 — Options vest in three equal annual installments beginning 12/13/2022.
Context
- This was an options exercise with partial share withholding to cover taxes (a common cashless exercise/tax-withholding process), not an open-market sell intended as an investment signal. The filing records the exercise and the withholding; it does not state additional purchases or open-market sales beyond tax-related disposition.