Kekin Ghelani - 28 Feb 2024 Form 4 Insider Report for Summit Materials, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Mar 2024, 19:58:09 UTC
Prior SEC filing
18 Sep 2023
Next SEC filing
08 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Hamm, as Attorney-in-Fact
Filing notes and source

Key filing fact

Kekin Ghelani filed Form 4 for Summit Materials, Inc. on 01 Mar 2024.

Key facts

  • This page summarizes Kekin Ghelani's Form 4 filing for Summit Materials, Inc..
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Mar 2024, 19:58.

Change

  • Previous filing in this sequence was filed on 18 Sep 2023.
  • Current net transaction value: -$162,751.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SUM transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+9,667
Change %
+123%
Price
Shares after
17,543
Date
28 Feb 2024
Ownership
Direct
Footnotes
F1, F2
SUM transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+3,398
Change %
+19%
Price
Shares after
20,941
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1
SUM transaction

Class A Common Stock

Tax liability

Transaction value
-$121,023
Shares
-2,855
Change %
-14%
Price
$42.39
Shares after
18,086
Date
28 Feb 2024
Ownership
Direct
SUM transaction

Class A Common Stock

Tax liability

Transaction value
-$41,728
Shares
-977
Change %
-5.4%
Price
$42.71
Shares after
17,109
Date
29 Feb 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SUM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-9,667
Change %
-50%
Price
$0.000000
Shares after
9,667
Date
28 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
9,667
Exercise price
Footnotes
F3, F4
SUM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,398
Change %
-33%
Price
$0.000000
Shares after
6,795
Date
29 Feb 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,398
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

Total holdings include shares of Class A Common Stock acquired through the Issuer's Employee Stock Purchase Plan on May 28, 2023.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer ("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.

Footnote F4

These restricted stock units vest in three equal annual installments beginning on September 15, 2023.

Footnote F5

These restricted stock units vest in three equal annual installments beginning on February 28, 2024.

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