Charles DePriest - 15 Dec 2024 Form 4 Insider Report for Summit Materials, Inc.

Role
Title: EVP, East Segment Construction Materials
Signature
/s/ David Hamm, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Dec 2024
Net transactions value
-$7,008
Form type
4
Filing time
16 Dec 2024, 19:16:24 UTC
Previous filing
08 Mar 2024
Next filing
26 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUM Class A Common Stock Options Exercise +305 +2.7% 11,611 15 Dec 2024 Direct F1, F2, F3
transaction SUM Class A Common Stock Tax liability $7,008 -138 -1.2% $50.78 11,473 15 Dec 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SUM Restricted Stock Units Options Exercise $0 -305 -50% $0.000000 305 15 Dec 2024 Class A Common Stock 305 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
F2 Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 29, 2022.
F3 Total holdings include shares of Class A Common Stock acquired through the Issuer's Employee Stock Purchase Plan on October 18, 2022, May 28, 2023, November 30, 2023, May 31, 2024 and November 30, 2024.
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units will be settled in either Class A Common Stock or cash (or a combination thereof) at the discretion of the Issuer's Human Capital and Compensation Committee.
F5 These restricted stock units vest in two equal annual installments on each of December 15, 2024 and December 15, 2025.

Remarks:

Title: EVP, East Segment Construction Materials