VMCVulcan Materials Company

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

No specific sentence about this in the 10-K.

Parts or manufacturing that depend on one or a few suppliers.

No specific sentence about this in the 10-K.

Pending cases, settlements and what the company has set aside for them.

“Under our self-insurance program, we aggregate certain claims and litigation costs that are reasonably predictable based on our historical loss experience and accrue losses, including future legal defense costs, based on actuarial studies.”

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“We use both internal and outside legal counsel to assess the probability of loss, and we establish an accrual when the claims and litigation represent a probable loss and the cost can be reasonably estimated.”

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“According to the various complaints, the plaintiffs seek damages including, but not limited to, unspecified compensatory damages associated with the remediation of water wells allegedly contaminated with 1,4-dioxane, natural resource damages, disgorgement of profits from the sale of TCA, punitive damages, as well as penalties and attorney's fees under various statutes.”

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New “During the fourth quarter of 2025, a Vulcan insurer directly negotiated the settlement of the largest plaintiff case filed in federal court in New York.”

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“In a 2023 lawsuit against Vulcan and a third party, Honeywell stated it has incurred more than $11 million to resolve its liability to the EPA and estimated that it will spend in excess of $100 million to construct and operate its water treatment system.”

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Promises to pay someone else's debts or losses if they cannot.

“We have agreed to indemnify the underwriting companies against any exposure under the surety bonds.”

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“$23.1 million was used to support standby letters of credit”

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“Except for $5.2 million of letters of credit related to acquisitions completed in 2024, our standby letters of credit are issued by banks that participate in our $1,600.0 million line of credit and reduce the borrowing capacity thereunder.”

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“As summarized by purpose in Note 6, our standby letters of credit totaled $28.3 million as of December 31, 2025.”

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Conditions in loan agreements that, if broken, can make debt due early.

“As of December 31, 2025, we were in compliance with the commercial paper covenants.”

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New “Covenants, borrowings, cost ranges and other details are described in Note 6 “Debt” in Item 8 “Financial Statements and Supplementary Data.” As of December 31, 2025, we were in compliance with the line of credit covenants.”

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“As of December 31, 2025, we were in compliance with all term debt covenants.”

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“As of December 31, 2025, we were in compliance with the line of credit covenants.”

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Contracts the company must pay for later: purchase obligations, take-or-pay deals.

No specific sentence about this in the 10-K.