8-K

CRH PUBLIC LTD CO 8-K Report (Dec 4, 2015)

Filed December 4, 2015For Securities:CRH

Summary

This filing from CRH Public Limited Company (CRH) on December 4, 2015, primarily concerns a notification of transactions by a Person Discharging Managerial Responsibility (PDMR) and related individuals. Specifically, it details the exercise of share options and subsequent sale of shares by Neil Colgan, a PDMR, and involves transactions on December 2, 2015. The report outlines the number of shares acquired and disposed of, along with the relevant prices and dates. For investors, this type of filing provides transparency into the trading activities of company insiders, which can sometimes offer insights into their confidence in the company's future performance. While this specific filing is a routine disclosure of insider transactions, it's important for investors to monitor such activities as part of their overall due diligence.

Key Highlights

  • 1Notification of share options exercise and sale by a PDMR (Neil Colgan).
  • 2Neil Colgan exercised 5,545 share options.
  • 3Neil Colgan sold 5,545 ordinary shares.
  • 4The exercise price for the options was €26.1493 per share.
  • 5The sale price for the shares was €28.10 per share.
  • 6Transactions occurred on December 2, 2015, in Dublin.
  • 7The total holding of Neil Colgan following these transactions is 9,511 ordinary shares, representing 0.001155% of the issued class.

Frequently Asked Questions

The main purpose of this filing is to notify the SEC and investors about the exercise of share options and the subsequent sale of shares by a Person Discharging Managerial Responsibility (PDMR) at CRH, Neil Colgan, as required by regulatory rules.

Insider trading disclosures, like this one, provide transparency into the financial activities of key company personnel. While this specific transaction could be for personal financial planning, significant or unusual insider buying or selling can sometimes signal their confidence (or lack thereof) in the company's future prospects.

Neil Colgan exercised options to acquire 5,545 shares at €26.1493 each and immediately sold those shares for €28.10 each. This implies a profit of approximately €2.00 per share on the disposed shares, before any taxes or fees.

The net effect of the option exercise and share sale on Neil Colgan's total holding was zero shares added or removed in the transaction itself (5,545 acquired via options, 5,545 sold). His total holding remained at 9,511 ordinary shares after the notification, which is a very small percentage (0.001155%) of the issued class.