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James Hardie Increases Director Gary Hendrickson’s Equity Holding via Board Incentive Plan

Story Highlights
  • James Hardie issued 4,599 new shares to director Gary Hendrickson under its 2020 Non-Executive Director Equity Plan.
  • The grant lifts Hendrickson’s direct holding to 217,568 shares, reinforcing equity-based alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Hardie Increases Director Gary Hendrickson’s Equity Holding via Board Incentive Plan

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An announcement from James Hardie ( (AU:JHX) ) is now available.

James Hardie Industries has reported a change in director Gary Hendrickson’s shareholding following the issuance of 4,599 ordinary shares to him under the company’s 2020 Non-Executive Director Equity Plan. The transaction, valued at US$86,441.88, increases Hendrickson’s direct holding to 217,568 ordinary shares while his indirect holding remains unchanged at 192,878 ordinary shares, underscoring the company’s continued use of equity-based compensation to align non-executive director interests with those of shareholders.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$41.70 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.

More about James Hardie

James Hardie Industries plc is a global building materials company best known for manufacturing fiber cement siding and related construction products for residential and commercial markets. The company focuses on exterior and interior building solutions, serving builders, remodelers, and homeowners in key markets including North America, Europe, and the Asia-Pacific region.

Average Trading Volume: 4,334,178

Technical Sentiment Signal: Sell

Current Market Cap: A$17.48B

Learn more about JHX stock on TipRanks’ Stock Analysis page.

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