Hill J Thomas

VMC Chairman & CEO sells entire 87.6K share position for $24.1M across 8 transactions May 19–20

Chairman & CEO Hill J Thomas executed 8 separate sales on May 19–20, 2025, liquidating his complete holdings of 87,552 shares for $24,103,042.68 at a blended average price of $275.30. This represents a 100% exit from his equity position in Vulcan Materials. The stock currently trades at $270.54, within its 52-week range but -7.4% from the high of $292.31, and has gained 15.5% over the past 30 days. At the same ticker, his prior 5 trades show a mixed pattern: 3 of 5 prior sells were well-timed at the 90-day mark, though recent November and October 2024 sales underperformed or declined modestly. The full liquidation of a CEO's holdings is a material signal that typically merits investor scrutiny, particularly given the company's elevated P/E of 38.10 and annual revenue contraction of -4.7%, though the company maintains a $35.7B market cap and recent quarterly net income of $128.9M.

CEO Hill J Thomas sold 12,204 shares of VMC at $290.56 (11/7); holds 29,530 shares post-sale. Stock near 52-week high.

Hill J Thomas, Chairman & CEO of Vulcan Materials, sold 12,204 shares for $3,545,994.24 on 2024-11-07, reducing his holdings by 29.2% from 41,734 to 29,530 shares. The sale occurred at $290.56, essentially at the 52-week high of $292.31, following a 21.0% gain over the preceding 30 days and a 19.6% gain over 90 days. Examining his prior trades at VMC, three measured sales from August 2024 all showed negative 30-day returns (-5.2%, -4.9%, -5.5%) but positive 90-day returns (+18.8%, +19.1%, +18.4%), indicating a pattern where the stock has risen after his recent sales at this ticker—these were not well-timed exits. His cross-ticker track record shows 7 prior sells with a 0.00% well-timed rate, suggesting his selling decisions have historically not preceded declines. The company remains fundamentally sound with $2.0B quarterly revenue and recent annual growth of +6.4%, though the P/E of 45.67 reflects a premium valuation. This sale represents a significant reduction in CEO stake at near-peak valuations, occurring after material recent appreciation, and warrants monitoring given the magnitude of the position reduction and the lack of historical success timing his sales downturns at this ticker.

VMC CEO Hill J Thomas sold 12,212 shares for $3,364,955.02 on Oct 31; holds 29,530 shares post-sale

Chairman & CEO Hill J Thomas executed 2 separate sales totaling 12,212 shares for $3,364,955.02 at a blended average price of $275.54 on 2024-10-31, reducing his holdings by 29.3% to 29,530 shares remaining. The sales occurred near the 52-week high of $276.23, just 70 cents below the peak. Examining his prior VMC activity, Thomas has completed 5 previous open-market trades at this ticker (all sells dating to June and August 2024), none of which were well-timed—his 2023 June sales were followed by modest gains of 7.2% and 6.8% over 90 days, while his August 2024 sales show negative 30-day returns of -4.9%, -5.2%, and -5.5% with 90-day outcomes still pending. The current transaction's timing near the 52-week high, combined with a pattern of sells that have failed to precede declines, offers no clear signal of forward-looking conviction about valuation or business fundamentals.

VMC Chairman & CEO Hill J Thomas sold 35,592 shares for $8,699,714.35 across 3 transactions on 2024-08-09 at blended avg $244.43, reducing stake by 54.7%

Hill J Thomas executed 3 separate sales totaling 35,592 shares for $8,699,714.35 on 2024-08-09, reducing his VMC holdings from 65,122 shares to 29,530 shares—a 54.7% reduction in his position. The sales occurred at prices ranging from $244.03 to $245.52, materially above the current price of $243.84 and near recent highs (stock is -11.5% from its 52-week peak of $275.59). His cross-ticker track record shows 2 prior open-market sells with a well-timed rate of 0.00% at the 90-day mark, and his prior trades at VMC (2 sells on 2023-06-07) also posted positive 90d returns (+7.2% and +6.8%), indicating these prior sales were poorly timed with respect to subsequent price appreciation. The material size of this sale relative to his remaining holdings and the substantial dollar amount warrant monitoring of his conviction level in the company's near-term trajectory.