STOCK TITAN

CMC (CMC) director John McPherson receives 42-share stock award tied to dividends

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

COMMERCIAL METALS Co director John R. McPherson received a compensation-related share award tied to dividend equivalents. On April 15, 2026, he acquired 42 shares of Common Stock at a price of $64.91 per share, classified as a grant or award rather than an open-market purchase.

The filing shows he holds 19,903 Common Stock shares directly after this transaction and 6,722 shares indirectly through a limited partnership. The award represents dividend equivalents that were deemed deferred into fully vested restricted stock units, which will be distributable in shares of common stock after his service as a director ends, consistent with his distribution election.

Positive

  • None.

Negative

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Insider McPherson John R
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 42 $64.91 $3K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 19,903 shares (Direct); Common Stock — 6,722 shares (Indirect, By Limited Partnership)
Footnotes (1)
  1. [object Object]
Awarded shares 42 shares Grant/award acquisition on April 15, 2026
Award reference price $64.91 per share Price per share for the 42-share award
Direct holdings after transaction 19,903 shares Common Stock held directly after April 15, 2026 award
Indirect holdings 6,722 shares Common Stock held indirectly by limited partnership
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
"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.
distributable in shares of common stock financial
"are distributable in shares of common stock following termination of services"
By Limited Partnership financial
"nature_of_ownership": "By Limited Partnership""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McPherson John R

(Last)(First)(Middle)
6565 N. MACARTHUR BLVD, SUITE 800

(Street)
IRVING TEXAS 75039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COMMERCIAL METALS Co [ CMC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026A42(1)A$64.9119,903D
Common Stock6,722IBy Limited Partnership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents dividend equivalents deemed deferred into additional restricted stock units that are fully vested and are distributable in shares of common stock following termination of services as a Director of the Company, in accordance with the applicable distribution election.
Remarks:
By: Jody K. Absher For: John R. McPherson04/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CMC director John R. McPherson report in this Form 4?

John R. McPherson reported receiving 42 shares of COMMERCIAL METALS Co Common Stock as a grant or award. This award is tied to dividend equivalents converted into fully vested restricted stock units, distributable in shares after his service as a director ends.

Was the CMC Form 4 transaction an open-market buy or a compensation award?

The CMC Form 4 shows a compensation-related award, not an open-market buy. The transaction is coded as a grant or award acquisition and reflects dividend equivalents deemed deferred into additional fully vested restricted stock units for the director.

How many CMC shares does John R. McPherson hold after this reported award?

After the reported award, John R. McPherson holds 19,903 shares of COMMERCIAL METALS Co Common Stock directly. The filing also shows an additional 6,722 shares held indirectly through a limited partnership, indicating both direct and indirect ownership positions.

What is the price per share used in the CMC director’s share award?

The share award for the CMC director uses a reference price of $64.91 per share. This price is associated with the 42-share compensation-related acquisition reported, helping quantify the value basis of the stock units tied to dividend equivalents.

How are dividend equivalents treated in John R. McPherson’s CMC award?

Dividend equivalents are deemed deferred into additional restricted stock units that are fully vested. According to the filing, these units are distributable in shares of COMMERCIAL METALS Co common stock after McPherson’s termination of service as a director, per his distribution election.

What indirect holdings are disclosed for the CMC director in this Form 4?

The Form 4 discloses that 6,722 COMMERCIAL METALS Co shares are held indirectly for the director. These shares are noted as being held "By Limited Partnership," indicating an ownership interest through that entity separate from his direct personal holdings.