Joseph S. Cantie - 10 Feb 2025 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
10 Feb 2025, 17:46:19 UTC
Prior SEC filing
17 Jan 2025
Next SEC filing
01 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact

Key filing fact

Joseph S. Cantie filed Form 4 for Summit Materials, Inc. on 10 Feb 2025.

Key facts

  • This page summarizes Joseph S. Cantie's Form 4 filing for Summit Materials, Inc..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 10 Feb 2025, 17:46.

Change

  • Previous filing in this sequence was filed on 17 Jan 2025.
  • Current net transaction value: -$2,321,708.

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

Disposed to Issuer

Transaction value
$2,049,390
Shares
-39,036
Change %
-100%
Price
$52.50
Shares after
0
Date
10 Feb 2025
Ownership
Direct
Footnotes
F1
SUM transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$272,318
Shares
-5,187
Change %
-100%
Price
$52.50
Shares after
0
Date
10 Feb 2025
Ownership
See Footnote
Footnotes
F1, F2

Reported derivative securities

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

SUM transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-3,341
Change %
-100%
Price
Shares after
0
Date
10 Feb 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,341
Exercise price
Footnotes
F1
SUM transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-2,547
Change %
-100%
Price
Shares after
0
Date
10 Feb 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,547
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Joseph S. Cantie is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

At or immediately prior to the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated November 24, 2024, by and among Summit Materials, Inc., Quikrete Holdings, Inc., and Soar Subsidiary, Inc., (i) each share of Class A common stock of the issuer held by the reporting person was canceled, retired and converted into the right to receive $52.50 in cash (the "Merger Consideration") and (ii) each restricted stock unit held by the reporting person was fully vested, canceled and converted into the right to receive the Merger Consideration.

Footnote F2

Reflects securities held by a trust for the benefit of the reporting person, for which the reporting person and his spouse serve as trustees.

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