Form SD Vulcan Materials CO
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
Commission File Number 001-33841
VULCAN MATERIALS COMPANY
(Exact name of registrant as specified in its charter)
New Jersey | 20-8579133 | ||||
(State or other jurisdiction of incorporation) | (I.R.S. Employer Identification No) | ||||
1200 Urban Center Drive, Birmingham, Alabama | 35242 | ||||
(Address of principal executive offices) | (Zip Code) | ||||
Jerry F. Perkins Jr. | (205) 298-3000 | ||||
(Name and telephone number, including area code, of the person to contact in connection with this report.) | |||||
Check the appropriate box to indicate the rule pursuant to which this form is being submitted, and provide the period to which the information in this form applies:
o Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ____.
þ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025.
Section 2 – Resource Extraction Issuer Disclosure | ||||||||||||||
Item 2.01 Resource Extraction Issuer Disclosure and Report | ||||||||||||||
Disclosure of Payments by Resource Extraction Issuers
The payment disclosure required by this Item 2.01 is included as Exhibit 2.01 to this Form SD.
Report on payments to governments for the year ended December 31, 2025
This report provides a consolidated overview of the payments to governments made by Vulcan Materials Company (the “Company,” “Vulcan,” “we,” “our”) and our consolidated subsidiaries for the year ended December 31, 2025.
Section 3 – Exhibits | ||||||||||||||
Item 3.01 Exhibits | ||||||||||||||
The following exhibit is included as part of this report:
Exhibit Number | Exhibit Description | ||||
Resource Extraction Payment Report for the fiscal year ended December 31, 2025 as required by Item 2.01 of this Form. | |||||
Signature | ||||||||||||||
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
VULCAN MATERIALS COMPANY
By: | /s/ Jerry F. Perkins Jr. | Date: September 16, 2026 | |||||||||
Jerry F. Perkins Jr. | |||||||||||
Chief Administrative Officer | |||||||||||
Exhibit 2.01 | ||||||||||||||
Resource Extraction Payment Report of Vulcan Materials Company | ||||||||||||||
for the Fiscal Year Ended December 31, 2025 | ||||||||||||||
Our projects
This report discloses the payments made by us to governments for the commercial development of minerals (aggregates), which includes the exploration, extraction, processing, and export of such minerals, or the acquisition of a license for any such activity by our Aggregates segment.
As of December 31, 2025, we had 364 mining properties of which we were actively mining 248 properties, developing 81 properties and exploring the development of the remaining 35 properties. The type of mineral being commercially developed at all of our mining properties is similar (crushed stone, sand and gravel). Likewise, all of our mining operations utilize similar methods of extraction (open pit mining is utilized at all non-domestic mining properties and the vast majority of our domestic mining properties, with the few remaining domestic properties utilizing underground mining). Consequently, we have disclosed payments for mining properties as separate projects segregated by major subnational political jurisdiction where the commercial development of the resource is taking place.
•United States: extraction of crushed stone, sand and gravel primarily through open pit mining in 23 states and Washington, D.C., and the U.S. Virgin Islands. We consider these 356 mining properties as one project.
•Freeport, Bahamas: extraction of crushed stone through open pit mining. We consider this mining property as one project.
•British Columbia, Canada: extraction of crushed stone, sand and gravel through open pit mining. We consider these five mining properties as one project.
•Puerto Cortes, Honduras: extraction of crushed stone through open pit mining. We consider this mining property as one project. Production and sales are currently halted at this operation.
•Quintana Roo, Mexico: extraction of crushed stone through open pit mining. We consider this mining property as one project. Production and sales are currently halted at this operation.
Exhibit 2.01- Page 1
Project-level disclosure
The table below sets forth our payments made to governments, by project and type of payment:
For the fiscal year ended December 31, 2025 | |||||||||||||||||||||||||||||
US $ in thousands 1,2 | Segment | Resource | Extraction Method 7 | Taxes | Royalties | Fees | Production Entitlements | Community and social responsibility payments | Total | ||||||||||||||||||||
United States 3 | |||||||||||||||||||||||||||||
United States | Aggregates | Stone, Sand & Gravel | Open Pit | $ | 204,012 | $ | 599 | $ | 155 | $ | 0 | $ | 0 | $ | 204,766 | ||||||||||||||
Canada 4 | |||||||||||||||||||||||||||||
British Columbia | Aggregates | Stone, Sand & Gravel | Open Pit | 1,350 | 0 | 49 | 0 | 0 | 1,399 | ||||||||||||||||||||
Honduras 5 | |||||||||||||||||||||||||||||
Puerto Cortes | Aggregates | Stone | Open Pit | 658 | 0 | 616 | 28 | 0 | 1,302 | ||||||||||||||||||||
Mexico 6 | |||||||||||||||||||||||||||||
Quintana Roo | Aggregates | Stone | Open Pit | 1,464 | 0 | 456 | 1,338 | 60 | 3,318 | ||||||||||||||||||||
Total | $ | 207,484 | $ | 599 | $ | 1,276 | $ | 1,366 | $ | 60 | $ | 210,785 | |||||||||||||||||
1.All payments are reported in U.S. dollars. Payments relating to the project in Canada were made in Canadian dollars, payments relating to the project in Honduras were made in Honduran lempiras and payments relating to the project in Mexico were made in Mexican pesos. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rates as of December 31, 2025.
2.Vulcan did not make any payments for bonuses, dividends or infrastructure improvements reportable under Item 2.01(d)(9)(iii) of Form SD. Therefore, those categories have been excluded from all tables in this report.
3.Vulcan files a consolidated income tax return in the U.S., which includes all U.S. entities including the project listed. The U.S. Federal Government levies corporate income taxes at the consolidated group level rather than on a per-project basis. Accordingly, the Company has disclosed payments of taxes at the U.S. consolidated group level. The payments relate not to particular projects but to the consolidated U.S. income of the Company. This amount represents U.S. Federal income taxes of $226,680,000 paid in fiscal year 2025 multiplied by 90%, which is the percentage of gross profit attributable to our Aggregates segment.
4.Taxes include $1,146,000 of income taxes paid to the Canadian Federal Government and $204,000 of property taxes paid to the Port McNeill municipal government.
5.Taxes include $158,000 of income taxes, $347,000 of export/import taxes, $20,000 of mining taxes, and $16,000 of property taxes paid to the Honduran Central Government. Taxes also include $113,000 of municipal taxes and $4,000 of property taxes paid to the Municipality of Puerto Cortes.
6.Taxes include $897,000 of income taxes and $34,000 of export/import taxes paid to the Mexican Federal government. Taxes also include $283,000 of property taxes paid to the Municipality of Cozumel and $250,000 of property taxes paid to the Municipality of Playa del Carmen.
7.Open pit mining is utilized at all non-domestic mining properties and the vast majority of our domestic mining properties, with the few remaining domestic properties utilizing underground mining.
Exhibit 2.01- Page 2
Government-level disclosure
The table below sets forth our payments made to governments, by government and type of payment:
For the fiscal year ended December 31, 2025 | ||||||||||||||||||||
US $ in thousands 1 | Taxes | Royalties | Fees | Production Entitlements | Community and social responsibility payments | Total | ||||||||||||||
United States | ||||||||||||||||||||
U.S. Federal Government 2 | $ | 204,012 | $ | 0 | $ | 0 | $ | 0 | $ | 0 | $ | 204,012 | ||||||||
U.S. Bureau of Land Management | 0 | 599 | 25 | 0 | 0 | 624 | ||||||||||||||
U.S. Army Corp of Engineers | 0 | 0 | 130 | 0 | 0 | 130 | ||||||||||||||
Canada | ||||||||||||||||||||
Canadian Federal Government | 1,146 | 0 | 0 | 0 | 0 | 1,146 | ||||||||||||||
British Columbia Provincial Government | 0 | 0 | 49 | 0 | 0 | 49 | ||||||||||||||
Port McNeill Municipal Government | 204 | 0 | 0 | 0 | 0 | 204 | ||||||||||||||
Honduras | ||||||||||||||||||||
Honduran Central Government | 541 | 0 | 616 | 28 | 0 | 1,185 | ||||||||||||||
Municipality of Puerto Cortes | 117 | 0 | 0 | 0 | 0 | 117 | ||||||||||||||
Mexico | ||||||||||||||||||||
Mexican Federal Government | 931 | 0 | 456 | 1,112 | 60 | 2,559 | ||||||||||||||
Municipality of Playa del Carmen | 250 | 0 | 0 | 0 | 0 | 250 | ||||||||||||||
Municipality of Cozumel | 283 | 0 | 0 | 226 | 0 | 509 | ||||||||||||||
Total | $ | 207,484 | $ | 599 | $ | 1,276 | $ | 1,366 | $ | 60 | $ | 210,785 | ||||||||
1.All payments are reported in U.S. dollars. Payments relating to the project in Canada were made in Canadian dollars, payments relating to the project in Honduras were made in Honduran lempiras and payments relating to the project in Mexico were made in Mexican pesos. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rates as of December 31, 2025.
2.The amount shown represents U.S. Federal income taxes of $226,680,000 paid in fiscal year 2025 multiplied by 90%, which is the percentage of gross profit attributable to our Aggregates segment.
Exhibit 2.01- Page 3
ATTACHMENTS / EXHIBITS
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Crypto Market News: Bitcoin Rebounds Above $78K as Remittix Moves Beyond 82% Sold
- Toro Corp. Announces the Acquisitions and Deliveries of Two Tanker Vessels
- Medical Innovation Benefits the People: Highlights of the 2026 Beijing Capital International Medical Conference
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share