Commercial Metals (NYSE: CMC) director awarded 19 dividend-equivalent RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMMERCIAL METALS Co director Tandra C. Perkins reported a small stock-based compensation award. On April 15, 2026, Perkins acquired 19 shares of Common Stock at a reported value of $64.91 per share through a grant classified as a dividend-equivalent award.
The footnote explains these shares represent dividend equivalents deemed deferred into additional restricted stock units. These RSUs are fully vested and will be distributed in common stock after Perkins’ service as a director ends, according to her distribution election. Following this grant, she directly holds 6,152 shares of COMMERCIAL METALS Co common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perkins Tandra C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19 | $64.91 | $1K |
Holdings After Transaction:
Common Stock — 6,152 shares (Direct)
Footnotes (1)
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Key Figures
Shares awarded: 19 shares
Reported price per share: $64.91 per share
Total shares after transaction: 6,152 shares
3 metrics
Shares awarded
19 shares
Dividend-equivalent restricted stock unit grant on April 15, 2026
Reported price per share
$64.91 per share
Value used for the 19-share Common Stock award
Total shares after transaction
6,152 shares
Direct holdings of Tandra C. Perkins following the grant
Key Terms
dividend equivalents, restricted stock units, fully vested, distribution election
4 terms
dividend equivalents financial
"Represents dividend equivalents deemed deferred into additional restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"deemed deferred into additional restricted stock units that are fully vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully vested financial
"additional restricted stock units that are fully vested and are distributable"
distribution election financial
"following termination of services as a Director of the Company, in accordance with the applicable distribution election"
FAQ
What insider transaction did CMC director Tandra C. Perkins report?
CMC director Tandra C. Perkins reported receiving 19 shares of Common Stock as a stock-based award. The shares reflect dividend equivalents converted into restricted stock units that are fully vested and will be distributed in common stock after her service as a director ends, per her distribution election.
What are the dividend-equivalent restricted stock units reported by CMC?
The filing states the 19-share award represents dividend equivalents deemed deferred into additional restricted stock units. These RSUs are fully vested and will be distributable in shares of common stock after termination of services as a Director, according to the applicable distribution election made by Tandra Perkins.
Is the CMC Form 4 transaction an open-market purchase or compensation award?
The CMC Form 4 transaction is classified as a grant or award acquisition, not an open-market purchase. It reflects dividend-equivalent amounts converted into fully vested restricted stock units, which will be settled in common stock after Tandra Perkins’ board service ends, consistent with her distribution election.