VMCVulcan Materials Company
Deals between VMC and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-03-24 reports that the one filed 2025-03-24 did not, quoted as filed.
New this year
1 newParagraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-24.
TRANSACTIONS WITH RELATED PERSONS“The company paid the United States Postal Service $255,166 for mail-related goods and services in 2025. Mr. Steiner was appointed Postmaster General of the United States Postal Service during 2025. We do not believe Mr. Steiner had a direct or indirect material interest in the transaction that would impair his independence or status as a “non-employee” director or “outside director” under applicable rules of the NYSE, SEC or Code.”
Read it in the proxy ↗
No longer reported 1 paragraph of the proxy filed 2025-03-24 with nothing like them this year
TRANSACTIONS WITH RELATED PERSONS“In 2024, Ryan Bass, the son of Stan Bass, our Chief Strategy Officer, was employed by the company as the Vice President and General Manager of the Southwest Division and received total compensation of approximately $453,000.”
Read it in last year's proxy ↗
The whole section 6 paragraphs, proxy filed 2026-03-24
TRANSACTIONS WITH RELATED PERSONS“Transactions in which the company participates and in which any related person of the company has a direct or indirect material interest are subject to our Business Conduct Policy and are subject to review, approval or ratification, as appropriate under the circumstances, by the company under the standards enumerated in the Business Conduct Policy. Each director, executive officer and director nominee of the company receives and agrees to abide by our Business Conduct Policy. We also require our directors and executive officers to complete a director and officer questionnaire annually that requires disclosure of any related party transactions.”
Read it in the proxy ↗
TRANSACTIONS WITH RELATED PERSONS“In assessing the independence of its members, the Board considers any interests a director may have in any transactions in which the company participates. The Board also considers other entities with which the directors are affiliated and any business the company has done with such entities.”
Read it in the proxy ↗
TRANSACTIONS WITH RELATED PERSONS“Except as discussed below, since the beginning of our last fiscal year, no financial transactions, arrangements or relationships, or any series of them, were disclosed or proposed through our processes for review, approval or ratification of transactions with related persons in which (i) Vulcan was or is to be a participant, (ii) the amount involved exceeded $120,000, and (iii) any related person had or will have a direct or indirect material interest. A related person means any director, nominee for director, executive officer or 5% owner of our common stock or an immediate family member of any such person.”
Read it in the proxy ↗
TRANSACTIONS WITH RELATED PERSONS“The company paid $11,282,986 in rent and royalty payments to Florida Rock Properties, Inc. (FRP) in 2025 in the ordinary course of its aggregates operations. Mr. Baker, our President, is a significant shareholder of FRP Holdings, Inc., the parent company of FRP.”
Read it in the proxy ↗
TRANSACTIONS WITH RELATED PERSONS“The company paid the United States Postal Service $255,166 for mail-related goods and services in 2025. Mr. Steiner was appointed Postmaster General of the United States Postal Service during 2025. We do not believe Mr. Steiner had a direct or indirect material interest in the transaction that would impair his independence or status as a “non-employee” director or “outside director” under applicable rules of the NYSE, SEC or Code.”
Read it in the proxy ↗
POLICY AGAINST HEDGING AND PLEDGING SECURITIES“Our insider trading policy prohibits our directors, executive officers and employees from purchasing financial instruments (including prepaid variable forward contracts, equity swaps, collars and exchange funds) or otherwise engaging in transactions that hedge or offset, or are designed to hedge or offset, any decrease in the market value of company securities granted as part of their compensation or held, directly or indirectly, by such person. Our insider trading policy also prohibits our directors, executive officers and employees from holding company securities in a margin account or pledging company securities as collateral for a loan.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
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