8-K

CRH PUBLIC LTD CO 8-K Report (Apr 14, 2016)

Filed April 14, 2016For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on April 14, 2016, primarily serves as a notification of a transaction by a Person Discharging Managerial Responsibility (PDMR). Specifically, it details the purchase of shares by William J. Teuber Jr., a Director, indicating a personal investment in the company. Investors should note the specific details of this transaction, including the number of shares purchased, the price per share, and the date of the transaction. While this is a routine disclosure, it reflects insider confidence in the company's stock. The filing also confirms CRH's reporting status as a foreign private issuer using Form 20-F for its annual reports.

Key Highlights

  • 1Notification of a transaction by a Person Discharging Managerial Responsibility (PDMR).
  • 2William J. Teuber Jr., a Director of CRH plc, purchased 1,000 Ordinary Shares (held as ADRs).
  • 3The purchase price for the shares was US$28.77 per share.
  • 4The transaction occurred on April 12, 2016, in New York.
  • 5The filing reports the total holding of Mr. Teuber Jr. following the notification as 1,000 shares, representing approximately 0.000121% of the issued class.
  • 6CRH plc is identified as a foreign private issuer filing annual reports on Form 20-F.
  • 7The disclosure is made in accordance with Irish Stock Exchange Listing Rule 6.10 and Central Bank of Ireland's Market Abuse Rules.

Frequently Asked Questions

The main purpose of this 8-K filing is to report a transaction involving a person discharging managerial responsibilities (PDMR) within CRH plc. Specifically, it discloses the purchase of company shares by Director William J. Teuber Jr.

William J. Teuber Jr. is a Director of CRH plc. He purchased 1,000 Ordinary Shares of CRH, held as American Depositary Receipts (ADRs), at a price of US$28.77 per share on April 12, 2016.

Insider share purchases can be viewed positively by investors as they often signal confidence from company management in the company's future prospects and stock valuation. It indicates a personal financial commitment to the company's success.

Being a foreign private issuer means CRH is incorporated outside the United States but is subject to SEC reporting requirements. Filing on Form 20-F is the standard annual report form for foreign private issuers, similar to how U.S. domestic companies use Form 10-K.