Hill Jaime 4

What Happened

• Jaime Hill, President (Building Materials) of Amrize Ltd (AMRZ), had 6,385 ordinary shares issued on February 27, 2026 as settlement of performance stock units (PSUs). Simultaneously, 1,928 shares were surrendered/withheld at $64.99 per share to cover tax liability, valued at $125,301.
• The 6,385 shares were reported with $0 acquisition price because they were awarded (PSU settlement), not purchased.

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 3, 2026 (appears to meet the standard 2-business-day filing window).
• Award: 6,385 shares acquired (code A) at $0.00 (PSU settlement).
• Tax withholding: 1,928 shares disposed/withheld (code F) at $64.99 per share, total value $125,301, to satisfy tax obligations.
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes: The PSUs settled were converted from Holcim Ltd equity awards in connection with Amrize’s June 23, 2025 spin-off and vested based on Holcim/Amrize performance for 2023–2025. The filing also notes 258 shares acquired under Amrize’s 2025 ESPP (Dec 31, 2025) are included in the reported amounts.

Context

• This is a settlement of performance-based equity (not an open-market purchase or a judgment on company prospects). The share disposition reflects tax withholding (a common administrative step when awards vest), not an active sale for liquidity.
• For retail investors: awards being settled can signal long-term incentive alignment, while withheld shares to cover taxes are routine and do not necessarily indicate a change in insider sentiment.