Perkins Jerry F Jr 4
4 · Vulcan Materials CO · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Vulcan (VMC) CAO Jerry Perkins Receives Compensation Awards
What Happened
- Jerry F. Perkins Jr., Chief Administrative Officer of Vulcan Materials Company (VMC), was granted three derivative awards on February 19, 2026 totaling 8,230 units: 3,820; 1,270; and 3,140 units. Each grant shows an acquisition price of $0.00 (awarded as compensation), so no cash was exchanged at grant.
- These are awards/derivative grants (not open‑market purchases or sales). The awards may convert to or pay out in Vulcan common stock subject to vesting and performance conditions.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the typical 2-business‑day window).
- Awards and counts: 3,820 units; 1,270 units; 3,140 units — total 8,230 units; reported price $0.00 (compensation grants).
- Shares owned after transaction: Not specified in the supplied filing details.
- Relevant footnotes in the filing:
- F1: Performance Share Units (PSUs) vest on Dec 31 at end of performance period (Jan 1, 2026–Dec 31, 2028); payout in Vulcan stock based on relative S&P 500 performance and cash gross profit/ton growth.
- F2: Each Restricted Stock Unit (RSU) represents a contingent right to one share.
- F3: RSUs cliff vest on the stated date and are settled in shares within 75 days after vesting.
- F4: Stock Appreciation Rights (SARs) vest in three equal annual installments beginning on the grant date.
- Filing timeliness: Filing appears timely (filed Feb 23 for a Feb 19 transaction).
Context
- These awards are compensation-based derivative grants (PSUs/RSUs/SARs) — they represent contingent rights to receive stock or stock-value in the future if vesting and/or performance conditions are met. They are neutral in the short term (not an indication of an open-market purchase or sale).
- For PSUs, final payout amount and share count will depend on later performance determinations; for RSUs and SARs, vesting schedules and settlement rules will determine when (and if) shares or value are delivered.
Insider Transaction Report
Form 4
Perkins Jerry F Jr
Chief Administrative Officer
Transactions
- Award
Performance Share Units
[F1]2026-02-19+3,820→ 3,820 totalFrom: 2028-12-31→ Common Stock (3,820 underlying) - Award
Restricted Stock Units
[F2][F3]2026-02-19+1,270→ 1,270 totalFrom: 2029-02-19→ Common Stock (1,270 underlying) - Award
Stock Appreciation Right
[F4]2026-02-19+3,140→ 3,140 totalExercise: $302.85From: 2027-02-19Exp: 2036-02-19→ Common Stock (3,140 underlying)
Footnotes (4)
- [F1]Performance Share Units vest on December 31 at the end of the Performance Period. The Performance Period for this award begins on January 1, 2026 and ends on December 31, 2028. At the end of the Performance Period, the Compensation and Human Capital Committee determines the payment amount based on (1) Company performance relative to the S&P 500 Index, of which the Company is a member, and (2) the Company's annual average growth rate of Cash Gross Profit per ton versus a pre-determined target. The payment is made 100% in Vulcan Common Stock on a payment date determined by the Compensation and Human Capital Committee.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Vulcan Common Stock.
- [F3]Restricted Stock Units cliff vest on the specified date and are settled in shares of Vulcan Common Stock within 75 days after the applicable vesting date.
- [F4]Stock Appreciation Right vests in three (3) equal annual installments beginning on this date.
Signature
/s/ Jennifer L. Commander, Attorney-In-Fact|2026-02-23