Jason Kilgore - Jan 15, 2025 Form 4 Insider Report for Summit Materials, Inc. (SUM)

Role
Title: EVP, West Segment Construction Materials
Signature
/s/ Christopher B. Gaskill, as Attorney-in-Fact
Stock symbol
SUM
Transactions as of
Jan 15, 2025
Transactions value $
-$141,383
Form type
4
Date filed
1/17/2025, 05:26 PM
Previous filing
Dec 11, 2024
Next filing
Feb 10, 2025
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 Award $0 +8.81K +540.18% $0.00 10.4K Jan 16, 2025 Direct F1
transaction SUM Class A Common Stock Tax liability -$141K -2.71K -25.96% $52.19 7.73K Jan 16, 2025 Direct
holding SUM Class A Common Stock 109K Jan 15, 2025 See Footnote F2

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 Award $0 +17.7K $0.00 17.7K Jan 15, 2025 Class A Common Stock 17.7K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class A Common Stock earned and delivered on performance units previously granted based upon the satisfaction of certain performance criteria.
F2 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.
F3 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.
F4 These restricted stock units vest in three equal annual installments beginning on January 15, 2026.

Remarks:

Title: EVP, West Segment Construction Materials