Form 4: Eagle Materials EVP and CFO, Dale Craig Kesler, Reports Stock Transactions
SEC Form 4
Dale Craig Kesler, EVP and CFO of Eagle Materials, reports the disposal of shares to cover tax withholding obligations related to the vesting of restricted stock.
Summary
- On May 15, 2025, Dale Craig Kesler, EVP and CFO of Eagle Materials, disposed of 461 shares of common stock at a price of $234.44 to cover income tax withholding requirements.
- This was related to the lapsing of restrictions on 1,170 shares of restricted stock awarded on May 23, 2023.
- On May 18, 2025, Kesler disposed of an additional 4,591 shares at $239.93 to cover income tax withholding requirements.
- This related to the lapsing of restrictions on 11,667 shares of restricted stock awarded on May 18, 2010.
- Following these transactions, Kesler directly owns 54,670 shares of Eagle Materials common stock and indirectly owns 160 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and is a normal part of corporate governance and regulatory compliance.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 04/25/2011 | Form 4 filed related to restricted stock awarded on May 18, 2010 |
| 05/18/2010 | Date of original restricted stock award related to May 18, 2025 transaction |
| 05/23/2023 | Date of restricted stock award related to May 15, 2025 transaction |
| 05/07/2024 | Form 4 filed related to restricted stock awarded on May 23, 2023 |
| 05/15/2025 | Disposal of 461 shares of common stock |
| 05/18/2025 | Disposal of 4,591 shares of common stock |
| 05/19/2025 | Date of signature on the Form 4 filing |
Keywords
Eagle Materials, EXP, Dale Craig Kesler, CFO, Stock Disposal, Form 4, Tax Withholding, Restricted Stock, Equity Incentive Plan, Insider Trading
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