Form 4: Eagle Materials Director Receives Stock Grant and Option Award

Director Mary P. Ricciardello receives 750 shares of restricted stock and options to purchase 591 shares of common stock in Eagle Materials Inc.

Summary

• Mary P. Ricciardello, a director at Eagle Materials Inc., reported a transaction on August 1, 2024.
• She was granted 750 shares of restricted stock, which will vest on August 1, 2025.
• Ricciardello also received non-qualified stock options to buy 591 shares of common stock at an exercise price of $261.76, exercisable from August 1, 2025, and expiring on August 1, 2034.
• Following these transactions, Ricciardello directly owns 8,804 shares of Eagle Materials Inc. common stock and options to purchase 591 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The grant of restricted stock and stock options to a director aligns their interests with those of the shareholders.
• The vesting schedule for the restricted stock (August 1, 2025) encourages long-term commitment from the director.

Industry Context

Form 4 filings are routine disclosures of insider transactions and are a standard part of corporate governance and regulatory compliance.

Stakeholder Impact

• The grant of stock options and restricted stock aligns the director's interests with those of the shareholders, potentially encouraging decisions that increase shareholder value.

Key Dates