Form 4: Eagle Materials Director David Rush Boosts Stake with $213.66 Share Purchase
Insider Transaction Report
Eagle Materials Inc. Director David Rush has acquired 1,000 shares of common stock at a weighted average price of $213.66, increasing his beneficial ownership to 2,000 shares.
Summary
- David E. Rush, a Director of Eagle Materials Inc. (EXP), purchased 1,000 shares of the company's common stock.
- The transaction took place on May 22, 2025.
- The shares were acquired at a weighted average purchase price of $213.66, with individual transaction prices ranging from $213.36 to $213.79.
- Following this acquisition, Mr. Rush's total beneficial ownership of Eagle Materials common stock stands at 2,000 shares.
- The purchase was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
Sentiment
Score: 7
Explanation: The purchase of shares by a director indicates a positive signal of confidence in the company's future prospects and valuation.
Positives
- A director, David E. Rush, has demonstrated confidence in Eagle Materials Inc. by purchasing 1,000 shares of common stock.
- The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned acquisition strategy.
Future Outlook
This SEC Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This document, an insider transaction report, provides specific details about a director's stock purchase and does not offer broader industry context or trends.
Related Party Transactions
- The reported transaction is a direct purchase of common stock by a director, which is a related party transaction.
Stakeholder Impact
- Shareholders may interpret the director's purchase as a positive indicator of management's belief in the company's value and future performance.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of transaction (purchase of common stock by David E. Rush). |
| 05/23/2025 | Date of filing the Form 4 statement. |
Keywords
Eagle Materials, EXP, insider trading, Form 4, stock purchase, director, common stock, beneficial ownership, Rule 10b5-1
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