Carlisle Mary Andrews 4

What Happened
Carlisle (Mary) Andrews, Senior Vice President and Chief Financial Officer of Vulcan Materials Company (VMC), received three equity awards on February 19, 2026 totaling 9,830 units: 4,560, 1,520 and 3,750. Each award was reported as acquired at $0.00, indicating these were compensation grants (derivative awards), not open‑market purchases or sales. No immediate cash changed hands and no shares appear to have been delivered at grant — vesting or performance conditions determine future settlement.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23. Report shows acquisition at $0.00 per unit (award/grant, code A).
• Award sizes reported: 4,560 units; 1,520 units; 3,750 units (total 9,830 units).
• Shares owned after transaction: not specified in the provided filing extract.
• Footnotes / award terms of note:
  • Performance Share Units (PSUs): vest based on a 2026–2028 performance period and are paid 100% in Vulcan common stock at the end of the period (see F1).
  • Restricted Stock Units (RSUs): each RSU equals a contingent right to one share; RSUs cliff‑vest on their specified date and are settled in shares within 75 days after vesting (F2, F3).
  • Stock Appreciation Rights (SARs): vest in three equal annual installments beginning on the grant date (F4).
• Filing timeliness: filing date (Feb 23) is listed; the report shows the Feb 19 transaction. The filing did not indicate a tardiness note in the excerpt provided.

Context
These were compensation grants (derivative awards) subject to time and/or performance vesting rather than market purchases or sales. PSUs convert to shares only if performance targets are met at the end of the performance period; RSUs convert to shares upon vesting; SARs provide value based on future stock appreciation and vest over time. Such awards are routine executive compensation and do not by themselves indicate immediate insider buying or selling.