# EDGAR Filing Document

**Accession Number:** 0001396009
**File Stem:** 0001628280-26-044199
**Filing Date:** 2026-6
**Character Count:** 35734
**Document Hash:** 0f2436752b9d6a6bff38ece2309ddc58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-044199.hdr.sgml**: 20260618

**ACCESSION NUMBER**: 0001628280-26-044199

**CONFORMED SUBMISSION TYPE**: 11-K

**PUBLIC DOCUMENT COUNT**: 35

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260618

**DATE AS OF CHANGE**: 20260618

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vulcan Materials CO
- **CENTRAL INDEX KEY:** 0001396009
- **STANDARD INDUSTRIAL CLASSIFICATION:** MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 208579133
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 11-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33841
- **FILM NUMBER:** 261101838

**BUSINESS ADDRESS:**
- **STREET 1:** 1200 URBAN CENTER DRIVE
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35242
- **BUSINESS PHONE:** (205) 298-3000

**MAIL ADDRESS:**
- **STREET 1:** 1200 URBAN CENTER DRIVE
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virginia Holdco, Inc.
- **DATE OF NAME CHANGE:** 20070409

?xml version='1.0' encoding='ASCII'? vmc-20260618

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 11-K**

**ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

**For the Fiscal Year Ended December 31, 2025**

**Commission File Number: 001-33841**

**CMG HOURLY 401(k) PLAN**

(Full title of the Plan)

![VMC (280) (3).jpg](vmc-20260618_g1.jpg)

**VULCAN MATERIALS COMPANY**

(Name of issuer of the securities held pursuant to the Plan)

**1200 Urban Center Drive**

**Birmingham, Alabama 35242**

**(205) 298-3000**

(Address of issuer's principal executive offices and address of the Plan)

**Financial Statements as of December 31, 2025 and 2024**

**and for the Year Ended December 31, 2025.**

**Supplemental Schedule as of December 31, 2025**

**and Report of Independent Registered Public Accounting Firm.**

------

**CMG HOURLY 401(k) PLAN**

**CONTENTS**

---

| | | |
|:---|:---|:---|
| <u>[Report](#id1afbaa00ba14b34bcce7db0d74dd1c2_7)[of Independent Registered Public Accounting Firm](#id1afbaa00ba14b34bcce7db0d74dd1c2_7)</u> | <u>[Report](#id1afbaa00ba14b34bcce7db0d74dd1c2_7)[of Independent Registered Public Accounting Firm](#id1afbaa00ba14b34bcce7db0d74dd1c2_7)</u> | 1 |
| **Financial Statements:** | **Financial Statements:** | |
| <u>[Statements of Net Assets Available for Benefits](#id1afbaa00ba14b34bcce7db0d74dd1c2_13)</u> | <u>[Statements of Net Assets Available for Benefits](#id1afbaa00ba14b34bcce7db0d74dd1c2_13)</u> | 2 |
| <u>[Statement of Changes in Net Assets Available for Benefits](#id1afbaa00ba14b34bcce7db0d74dd1c2_16)</u> | <u>[Statement of Changes in Net Assets Available for Benefits](#id1afbaa00ba14b34bcce7db0d74dd1c2_16)</u> | 3 |
| <u>[Notes to Financial Statements](#id1afbaa00ba14b34bcce7db0d74dd1c2_19)</u> | <u>[Notes to Financial Statements](#id1afbaa00ba14b34bcce7db0d74dd1c2_19)</u> | 4 |
| **Supplemental Schedule:** | **Supplemental Schedule:** | |
| <u>[Form 5500, Schedule H, Part IV, Line 4i Schedule of Assets (Held at End of Year)](#id1afbaa00ba14b34bcce7db0d74dd1c2_49)</u> | <u>[Form 5500, Schedule H, Part IV, Line 4i Schedule of Assets (Held at End of Year)](#id1afbaa00ba14b34bcce7db0d74dd1c2_49)</u> | 10 |
| **Note:** | All other schedules required by Section 2520.103–10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended (ERISA), have been omitted because they are not applicable. | |
| <u>[Exhibit Index](#id1afbaa00ba14b34bcce7db0d74dd1c2_52)</u>  | <u>[Exhibit Index](#id1afbaa00ba14b34bcce7db0d74dd1c2_52)</u>  | 11 |
| <u>[Signatures](#id1afbaa00ba14b34bcce7db0d74dd1c2_55)</u> | <u>[Signatures](#id1afbaa00ba14b34bcce7db0d74dd1c2_55)</u> | 12 |

---

------

**REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

**To the Trustees and Plan Participants of CMG Hourly 401(k) Plan** 

**Opinion on the Financial Statements**

We have audited the accompanying statements of net assets available for plan benefits of the CMG Hourly 401(k) Plan (the Plan) as of December 31, 2025 and 2024, and the related statement of changes in net assets available for plan benefits for the year ended December 31, 2025, and the related notes and schedule (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for plan benefits for the year ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

**Supplemental Information**

The supplemental information contained in the schedule of assets (held at end of year) as of December 31, 2025 has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

**/s/ WARREN AVERETT, LLC**

Atlanta, Georgia

June 18, 2026

We have served as the Plan's auditor since 2025.

------

**CMG HOURLY 401(k) PLAN**

**STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS**

---

| | | |
|:---|:---|:---|
| | **As of December 31** | **As of December 31** |
| ***in thousands*** | **2025** | **2024** |
| **Assets:** |  |  |
| &nbsp;&nbsp; Investments: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant-directed investments, at fair value | $131451 | $122652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant-directed investments, at contract value: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stable Value Fund (see Note 3) | 10839 | 13277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total investments | 142290 | 135929 |
| &nbsp;&nbsp; Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes receivable from participants | 3524 | 3883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total receivables | 3524 | 3883 |
| Net assets available for benefits | $145814 | $139812 |

---

*See notes to financial statements.*

------

**CMG HOURLY 401(k) PLAN**

**STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS**

---

| | |
|:---|:---|
| | **For the year ended** |
| ***in thousands*** | **December 31, 2025** |
| **Additions (reductions) to net assets:** | |
| &nbsp;&nbsp;&nbsp; Investment income: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net appreciation in fair value of investments | $19131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest and dividend income | 584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net investment income | 19715 |
| &nbsp;&nbsp; Interest income on notes receivable from participants | 313 |
| &nbsp;&nbsp;&nbsp; Contributions: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participants | 6012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employer | 2183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total contributions | 8195 |
| &nbsp;&nbsp;&nbsp; Benefits paid to participants | (20706) |
| &nbsp;&nbsp;&nbsp; Administrative expenses | (289) |
| Increase in net assets before plan transfers | 7228 |
| &nbsp;&nbsp;&nbsp; Transfers out of the plan: |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net transfers of participants' investments to other Vulcan Materials Company Plans | (1226) |
| Increase in net assets | 6002 |
| Net assets available for benefits: |  |
| &nbsp;&nbsp; Beginning of year | 139812 |
| &nbsp;&nbsp; End of year | $145814 |

---

*See notes to financial statements.*

------

**CMG HOURLY 401(k) PLAN**

**NOTES TO FINANCIAL STATEMENTS**

**NOTE 1: DESCRIPTION OF THE PLAN**

**General**

The CMG Hourly 401(k) Plan (Plan), a defined contribution employee benefit plan established effective October 1, 1983, and most recently restated effective January 1, 2020, provides for accumulation of savings for qualified hourly employees of Vulcan Materials Company (Company) that were hired prior to July 15, 2007.

The Company has designated a portion of the Plan consisting of the Company's stock fund as an Employee Stock Ownership Plan (ESOP). The ESOP fund allows a participant to elect to have the dividends on the Company's stock fund reinvested in the Company's stock fund or paid to the participant in cash.

A participant may transfer between the Company's two defined contribution employee benefit plans (as defined in the Plan). When a participant transfers between plans, the net assets of the participant's account will be transferred to the other plan. For the year ended December 31, 2025, $1,226,000 was transferred from the Plan to the Vulcan 401(k) Plan.

Investment assets of the Plan are held by Empower Trust Company, LLC (Trustee). Empower Retirement (Recordkeeper), a subsidiary of Empower Trust Company, LLC, is the recordkeeper for the Plan.

**Participation and Vesting**

Effective July 15, 2007, no newly hired individual will become a participant in the Plan unless he or she is in a participating union (as defined in the Plan). Employees hired on or after July 15, 2007 are eligible for participation in the Vulcan 401(k) Plan. Former participants who are reemployed after a break in service no greater than one year may reenter the Plan. Participants are fully vested in all contributions at all times. As such, the Plan does not provide for forfeitures.

**Contributions**

The Plan is funded through contributions by participants and the Company. The Plan provides for three types of employee contributions to the Plan: pay conversion contributions (pretax contributions), after-tax contributions and Roth contributions. An employee may designate multiples of 1% (ranging from 1% to 80%) of earnings as either pretax contributions, after-tax contributions, Roth contributions or any combination of the three. Contributions are subject to certain Internal Revenue Code (IRC) limitations. Participants may also contribute amounts representing distributions from other qualified plans (rollovers).

The Company expects to make matching contributions to match a portion of an employee's contribution ranging from 0% to 100% of that contribution based on the participant's years of service, not to exceed 4% of the employee's earnings. In addition, the Company may make a discretionary annual contribution based on a percentage of the earnings of each participant. No discretionary annual employer contribution was made for the years ended December 31, 2025 or 2024.

**Investment Options**

Participants may invest in 24 separate investment funds of the Plan and a stable value fund in proportions elected by the participant. The Company's matching contributions, as well as any discretionary annual employer contributions, are invested as selected by the participant. In the event that no contribution investment election is made by the participant, the Company's matching contributions and annual employer contributions are invested in the State Street Target Retirement 2030 SL CL VI fund and are available for immediate reallocation by the participant.

**Participant Accounts**

Separate accounts are maintained for each investment option: pretax contributions, after-tax contributions, Roth contributions, rollovers and transfers, and Company contributions and accumulated earnings thereon. Earnings (losses) are allocated daily to each participant's account in the ratio of the participant's account balance to total participants' account balances. Distributions and withdrawals are charged to participant accounts.

**Benefits Paid To Participants**

A participant's total account is distributed upon retirement, disability, death, or termination of employment, unless the account value is greater than $7,000, in which case the participant may defer distribution until age 73. Distributions are made in cash, except that the portion invested in the Company stock fund may be distributed in whole shares of such stock, if requested by the participant or beneficiary. Participants eligible to receive a distribution from the Plan may elect either a lump-sum payment or various installment options offered by the Plan (subject to the IRC's required minimum distribution rules).

------

Prior to a termination of employment, a participant may withdraw any amount up to the value of his or her entire account subject to certain restrictions (as defined in the Plan). However, no portion of an actively employed participant's pretax contribution account may be distributed to him or her before age 59 ½, unless the participant is approved for a "hardship" withdrawal as defined in the Plan and consistent with IRC guidelines.

**Notes Receivable From Participants**

A participant may apply for a loan at any time provided that the participant is receiving compensation from which payroll deductions can be made. The amount of the loan cannot exceed the lesser of 50% of the participant's total account, less the outstanding balance of all existing loans, or $50,000, reduced by the highest outstanding balance of existing loans during the 12 months preceding the effective date of such loan. Additionally, participants are generally only permitted to have two loans outstanding at any one time.

A loan is considered a note receivable of the Plan. The participant's account will be reduced by the amount of the loan. Any repayment made will be allocated to the participant's account in accordance with his or her current investment direction. Loans must generally be repaid in monthly installments through payroll deductions within 60 months. The annual interest rate for a loan is determined by adding 1% to *The Wall Street Journal* Prime Rate or as otherwise determined by the Administrative Committee at the time the application for the loan is made. The rate may not exceed the maximum rate for such loans permitted by law. The average rate of interest on loans approximated 8.0% and 7.2% as of December 31, 2025 and 2024, respectively.

**NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Accounting**

The accompanying financial statements of the Plan have been prepared in accordance with accounting principles generally accepted in the United States of America (generally accepted accounting principles or GAAP).

**Valuation of Investments and Income Recognition**

The Plan's investments are reported based on the fair values, net asset values or contract values of the underlying investments. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Investments in securities traded on national and over-the-counter exchanges are valued at the closing bid price of the security as of the last trading day of the year.

Investments in common/collective trust funds are stated at net asset value as determined by the issuer of the funds based on the underlying investments. The stable value fund is stated at contract value which is principal plus accrued interest, the value at which participants ordinarily transact (see <u>[Note 3](#id1afbaa00ba14b34bcce7db0d74dd1c2_28)</u>).

Security transactions are recorded on the trade date. Distributions of stock, if any, to participants are recorded at the market value of such stock at the time of distribution. Interest income is recorded on the accrual basis. Net appreciation includes the Plan's gains and losses on investments bought and sold as well as held during the year. Dividends are recorded on the ex-dividend date. Investment manager fees are netted against Plan investment income and are not separately reflected. Consequently, management fees and operating expenses are reflected as a reduction of investment return for such investments. Expenses incurred in connection with the transfer of securities, such as brokerage commissions and transfer taxes, are added to the cost of such securities or deducted from the proceeds thereof.

**Use of Estimates and Risks and Uncertainties**

The preparation of financial statements in conformity with GAAP requires Plan management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates. The Plan invests in various securities including corporate stock funds, mutual funds, a stable value fund, other domestic equities, and interests in common/collective trusts. Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that the values of investment securities, including the value of the Company's common stock, could decline in the near term and that such declines could materially affect the amounts reported in the Plan's financial statements. Given volatility in financial markets, it is reasonably possible that investment values could decline in subsequent periods.

**Notes Receivable from Participants**

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are recorded as distributions based upon the terms of the Plan.

------

**Excess Contributions Payable**

The Plan is required to return contributions received during the Plan year in excess of the IRC limits. There were no excess contributions payable at December 31, 2025 or 2024.

**Payment of Benefits**

Benefits are recorded when paid. There were no participants who elected to withdraw from the Plan that had not been paid at December 31, 2025 or 2024.

**Administrative Expenses**

All reasonable expenses for administration of the Plan may be paid out of the Plan's trust unless paid by the Company. Participants are assessed a flat fee of $$7.50 per quarter to cover administrative expenses. Certain additional expenses relating to specific participant transactions (such as loan fees or distribution processing fees) or professional investment management services are charged directly to the participant's account.

**NOTE 3: STABLE VALUE FUND — GUARANTEED INVESTMENT CONTRACT (GIC)**

The Plan contains a stable value investment option (Fund or GIC) that meets the criteria of a fully benefit-responsive investment contract and is therefore reported at contract value. Contract value represents contributions made to the Fund, plus earnings, less participant withdrawals. The Fund is comprised of a portfolio of bonds and other fixed income securities and an investment contract issued by an insurance company or other financial institution, designed to provide a contract value "wrapper" around the fixed income portfolio to guarantee a specific interest rate which is reset quarterly and that cannot be less than zero. The wrapper contract provides that realized and unrealized gains and losses on the underlying fixed income portfolio are not reflected immediately in the net assets of the Fund; rather, they are amortized over the duration of the underlying assets through adjustments to the future interest crediting rate. Primary variables impacting future crediting rates of the Fund include the current yield, duration, and existing difference between market and contract value of the underlying assets within the wrapper contract.

**Limitations on the Ability of the Guaranteed Investment Contract to Transact at Contract Value**

Certain events may limit the ability of the Fund to transact at contract value or may allow for the termination of the wrapper contract at less than contract value. The following employer-initiated events may limit the ability of the Fund to transact at contract value:

• A failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA

• Any communication given to participants designed to influence a participant not to invest in the Fund or to transfer assets out of the Fund

• Any transfer of assets from the Fund directly into a competing investment option

• The establishment of a defined contribution plan that competes for employee contributions

• Complete or partial termination of a Company sponsored plan or merger of plans

The wrapper contract contains provisions that limit the ability of the Fund to transact at contract value upon the occurrence of certain events. These events include: any substantive modification of the Fund or the administration of the Fund that is not consented to by the wrapper issuer; any change in law, regulation, or administrative ruling applicable to a plan that could have a material adverse effect on the Fund's cash flow; and employer-initiated transactions as described above.

In the event that the wrapper contract fails to perform as intended, the Fund's net asset value may decline if the market value of its assets declines. The Fund's ability to receive amounts due pursuant to the wrapper contract is dependent on the third-party issuer's ability to meet its financial obligations. The wrapper issuer's ability to meet its contractual obligations under the wrapper contract may be affected by future economic and regulatory developments.

The Fund is unlikely to maintain a stable net asset value if, for any reason, it cannot obtain or maintain wrapper contracts covering all of its underlying assets. This could result from the Fund's inability to promptly find a replacement wrapper contract following termination of a wrapper contract. Wrapper contracts are not transferable and have no trading market. There are a limited number of wrapper issuers. The Fund may lose the benefit of wrapper contracts on any portion of its assets in default in excess of a certain percentage of portfolio assets.

Company management believes that the occurrence of events that may limit the ability of the Fund to transact at contract value is not probable.

------

**NOTE 4: FAIR VALUE MEASUREMENTS**

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Plan classifies its investments into a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of these three levels:

*Level 1* — Quoted prices in active markets for identical assets or liabilities

*Level 2* — Inputs that are derived principally from or corroborated by observable market data

*Level 3* — Inputs that are unobservable and significant to the overall fair value measurement

Investment assets measured using either the net asset value (NAV) per share practical expedient or contract value are not categorized in the fair value hierarchy.

The following tables set forth, by Level within the fair value hierarchy, the Plan's investment assets at fair value for the years ended December 31, 2025 and 2024, respectively:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **As of December 31, 2025** | **As of December 31, 2025** | **As of December 31, 2025** | **As of December 31, 2025** |
| ***in thousands*** | **Total** | **Level 1** | **Level 2** | **Level 3** |
| Vulcan Materials Company Stock Fund | $15232 | $15232 | $0 | $0 |
| Mutual funds | 8954 | 8954 | 0 | 0 |
| Investments in the fair value hierarchy | $24186 | $24186 | $0 | $0 |
| Interests in common/collective trust funds (at NAV) | 107265 |  |  |  |
| Stable value fund (GIC at contract value) | 10839 |  |  |  |
| Total investment assets | $142290 |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **As of December 31, 2024** | **As of December 31, 2024** | **As of December 31, 2024** | **As of December 31, 2024** |
| ***in thousands*** | **Total** | **Level 1** | **Level 2** | **Level 3** |
| Vulcan Materials Company Stock Fund | $15163 | $15163 | $0 | $0 |
| Mutual funds | 5998 | 5998 | 0 | 0 |
| Investments in the fair value hierarchy | $21161 | $21161 | $0 | $0 |
| Interests in common/collective trust funds (at NAV) | 101491 |  |  |  |
| Stable value fund (GIC at contract value) | 13277 |  |  |  |
| Total investment assets | $135929 |  |  |  |

---

------

**Asset Valuation Techniques**

The following methods and assumptions were used to estimate the values of the Plan's investments. There have been no changes in the methodologies used at December 31, 2025 and 2024, respectively.

***Vulcan Materials Company Stock Fund*** — The fair value of the Company's stock fund is based on the quoted market price.

***Mutual Funds*** — These investments are valued daily at the closing price as reported on the active market in which the securities are traded.

***Common/Collective Trust Funds*** — These investments include various index funds for domestic equities and fixed income securities, as well as international equities. Investments are valued at the net asset value of units of a bank collective trust. The net asset value, as provided in each fund's audited financial statements, is used as a practical expedient to estimate fair value. The net asset value is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported net asset value. Were the Plan to initiate a full redemption of the collective trust, the investment advisor reserves the right to temporarily delay withdrawal from the collective trust in order to ensure that securities liquidations will be carried out in an orderly business manner. In addition, there are no unfunded commitments for any of the common/collective trust funds.

***Stable Value Fund*** — The stable value fund is measured at contract value as described in <u>[Note 3](#id1afbaa00ba14b34bcce7db0d74dd1c2_28)</u>. Contract value represents contributions made to the fund, plus earnings, less participant withdrawals.

The methods described above may produce a fair value calculation that may not be indicative of net asset value or reflective of future fair value. Furthermore, while the Plan's valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in different estimates of fair value at the reporting date.

------

**NOTE 5: PLAN TERMINATION**

Although it has not expressed any intention to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth under ERISA. In the event of termination, the net assets of the Plan will be distributed in accordance with ERISA.

**NOTE 6: FEDERAL INCOME TAX STATUS**

The Internal Revenue Service (IRS) has determined and informed the Company by a letter dated November 17, 2017, that the Plan and related trust are designed in accordance with the applicable sections of the IRC. Although the Plan has been amended since receiving the determination letter, the Plan administrator and the Plan's tax counsel believe that the Plan is designed, and is currently being operated, in compliance with the applicable requirements of the IRC and, therefore, believe that the Plan is qualified and the related trust is tax-exempt.

GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

**NOTE 7: EXEMPT PARTY-IN-INTEREST TRANSACTIONS**

Trustee and recordkeeping fees paid to the Trustee and the Recordkeeper qualify as exempt party-in-interest transactions.

At December 31, 2025 and 2024, the Plan's trust held 53,000 and 58,000 shares of common stock of the Company with a cost basis of $8,013,000 and $8,170,000, respectively. The Plan recorded dividend income of $109,000 attributable to its investment in the Company's stock fund for the year ended December 31, 2025. A significant decline in the market value of the Company's common stock would significantly affect the net assets available for benefits.

See <u>[Note 2](#id1afbaa00ba14b34bcce7db0d74dd1c2_25)</u> under the caption Use of Estimates and Risks and Uncertainties for information related to risks, including volatility in the financial markets, to the Plan's investment in the Company's stock fund.

**NOTE 8: NEW ACCOUNTING STANDARDS**

**Accounting Standards Recently Adopted**

None

**Accounting Standards Pending Adoption**

None

**NOTE 9: SUBSEQUENT EVENTS**

For the year ended December 31, 2025, subsequent events were evaluated through June 18, 2026, the date the financial statements were available to be issued. There were no events or transactions identified during this evaluation that require recognition or disclosure in the financial statements.

------

**CMG HOURLY 401(k) PLAN**

**Employer ID No: 20-8579133**

**Plan No: 050**

**FORM 5500, SCHEDULE H, PART IV, LINE 4i -**

**SCHEDULE OF ASSETS (HELD AT END OF YEAR) AS OF DECEMBER 31, 2025** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **(a)** | **(b)Identity of Issue, Borrower,**<br>**Lessor, or Similar Party** | **(c)Description of Investment, Including** <br>**Maturity Date, Rate of Interest,**<br>**Collateral, and Par or Maturity Value** | **\*\***<br>**(d) Cost** | **(e) Current** <br>**Value** <br>**(in 000s)** |
|  | State Street S&P 500 Index SL CL II | Collective Trust |  | $39364 |
|  | State Street Global All Cap Equity Ex-US Index SL CL II | Collective Trust |  | 25440 |
|  | State Street U.S. Bond Index SL CL XIV | Collective Trust |  | 23796 |
|  | State Street Russell Small/Mid Cap Index SL CL II | Collective Trust |  | 11970 |
|  | State Street U.S. Inflation Protected Bond Index SL CL II | Collective Trust |  | 2859 |
|  | State Street Target Retirement 2025 SL CL VI | Collective Trust |  | 1233 |
|  | State Street Target Retirement Income SL CL VI | Collective Trust |  | 642 |
|  | State Street Target Retirement 2035 SL CL VI | Collective Trust |  | 586 |
|  | State Street Target Retirement 2030 SL CL VI | Collective Trust |  | 489 |
|  | State Street Target Retirement 2045 SL CL VI | Collective Trust |  | 466 |
|  | Wellington CIF II World Bond S2 | Collective Trust |  | 225 |
|  | State Street Target Retirement 2050 SL CL VI | Collective Trust |  | 99 |
|  | State Street Target Retirement 2040 SL CL VI | Collective Trust |  | 96 |
|  | State Street Target Retirement 2055 SL CL VI | Collective Trust |  | 0 |
|  | State Street Target Retirement 2060 SL CL VI | Collective Trust |  | 0 |
|  | State Street Target Retirement 2065 SL CL VI | Collective Trust |  | 0 |
|  | Baird Core Plus Bond Instl | Mutual Fund |  | 5952 |
|  | JP Morgan Large Cap Growth R6 | Mutual Fund |  | 1552 |
|  | Vanguard Equity Income Adm | Mutual Fund |  | 1047 |
|  | William Blair Small Mid Cap Growth R6 | Mutual Fund |  | 315 |
|  | American Funds EuroPacific Growth R6 | Mutual Fund |  | 75 |
|  | DFA Emerging Markets Core Equity 2 Port I | Mutual Fund |  | 10 |
|  | AllianceBernstein Discovery Value Z | Mutual Fund |  | 3 |
| \* | Vulcan Materials Company | Stock Fund |  | 15232 |
|  | Metlife GAC 12439 | Stable Value Fund |  | 10839 |
| \* | Participant loans | Interest rates ranging from 4.25% to 9.50%, maturing through December 2030 |  | 3524 |
|  |  |  |  | $145814 |

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*\*Party-in-interest.*

*\*\*Cost information is not required for participant-directed investments and, therefore, is not included.*

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**EXHIBIT INDEX**

Exhibit 23(a) <u>[Consent of Independent Registered Public Accounting Firm](a2025cmg401kex23.htm)</u> <br>

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**SIGNATURES**

*The Plan.* Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

**CMG HOURLY 401(k) PLAN**

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| |
|:---|
| */s/* Steven Smith |
| &nbsp;&nbsp;&nbsp;&nbsp;Steven Smith |
| &nbsp;&nbsp;&nbsp;&nbsp;Vice President, Compensation and Employee Benefits |

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Date: June 18, 2026

## Ex-23.A

**EXHIBIT 23(a)**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** 

We consent to the incorporation by reference in the registration statement No. 333-147449 on Form S-8 of our report dated June 18, 2026, appearing in this Annual Report on Form 11-K of CMG Hourly 401(k) Plan for the year ended December 31, 2025.

/s/ WARREN AVERETT, LLC

Atlanta, Georgia

June 18, 2026

Exhibit 23(a)