Jason Kilgore - 13 May 2024 Form 4 Insider Report for Summit Materials, Inc.

Reporting relationship: Title: EVP, West Segment Construction Materials
Issuer ticker: N/A
Reported as of: 13 May 2024
Net transaction value: -$1,123,349
SEC form: 4
Accepted by SEC: 14 May 2024, 16:47:41 UTC
Prior SEC filing: 08 Mar 2024
Next SEC filing: 11 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ David Hamm, as Attorney-in-Fact

Key filing fact

Jason Kilgore filed Form 4 for Summit Materials, Inc. on 14 May 2024.

Key facts

This page summarizes Jason Kilgore's Form 4 filing for Summit Materials, Inc..
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 May 2024, 16:47.

Change

Previous filing in this sequence was filed on 08 Mar 2024.
Current net transaction value: -$1,123,349.

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: $910,602
Shares: +50,589
Change %: +83%
Price: $18.00
Shares after: 111,219
Date: 13 May 2024
Ownership: Direct
Footnotes: F1

SUM transaction

Class A Common Stock

Sale

Transaction value: $452,884
Shares: -11,210
Change %: -10%
Price: $40.40
Shares after: 100,009
Date: 13 May 2024
Ownership: Direct
Footnotes: F2

SUM transaction

Class A Common Stock

Sale

Transaction value: $1,581,067
Shares: -39,379
Change %: -39%
Price: $40.15
Shares after: 60,630
Date: 13 May 2024
Ownership: Direct
Footnotes: F3

SUM holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 108,642
Date: 13 May 2024
Ownership: See Footnote
Footnotes: F4

Reported derivative securities

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

SUM transaction Derivative

Options (right to buy)

Options Exercise

Transaction value: $0
Shares: -50,589
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 50,589
Exercise price: $18.00
Footnotes: 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

Total holdings include shares of Class A Common Stock received pursuant to a stock dividend paid on December 29, 2022.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $40.34 to $40.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The Reporting Person remains within compliance of the Issuer's equity ownership guidelines.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $40.01 to $40.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The Reporting Person remains within compliance of the Issuer's equity ownership guidelines.

Footnote F4

Reflects securities held by a limited liability company for the benefit of Mr. Kilgore's family, for which Mr. Kilgore's spouse serves as manager.

Footnote F5

These options are fully vested.

SEC remarks

Title: EVP, West Segment Construction Materials