Form 4: Eagle Materials EVP Matt Newby Reports Stock Transactions

EVP and General Counsel Matt Newby reported the vesting of restricted stock units and associated tax withholding for Eagle Materials Inc.

Summary

• Matt Newby, EVP and General Counsel of Eagle Materials Inc., executed transactions involving common stock on March 31, 2026.
• The transactions included the vesting of 600 restricted stock units (RSUs) and the withholding of 1,146 shares total to satisfy tax obligations.
• Following these transactions, the reporting person holds 19,490 shares of common stock directly.
• The transactions were conducted at a price of $181.50 per share, based on the closing price of the previous trading day.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive equity compensation that does not signal a change in company strategy or financial health.

Positives

• The reporting person maintains a significant direct ownership stake of 19,490 shares, aligning interests with shareholders.

Negatives

• The transaction reflects a reduction in total shares held due to mandatory tax withholding requirements upon the vesting of equity awards.

Risks

• The reporting person remains subject to market volatility regarding the value of their equity holdings in Eagle Materials Inc.

Future Outlook

The filing notes that additional restricted stock units are scheduled to vest on March 31, 2027, as part of the 2024 grant.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of executive equity compensation and tax-related share withholding, which is standard practice for publicly traded companies under SEC Section 16 reporting requirements.

Comparison to Industry Standards

• The transaction structure is consistent with standard executive compensation practices in the construction materials sector.
• Tax withholding via share cancellation is a common mechanism used by companies like Vulcan Materials or Martin Marietta Materials to settle tax liabilities for executives.

Stakeholder Impact

• Minimal impact on shareholders as these are routine equity compensation transactions.

Next Steps

• Vesting of remaining restricted stock units scheduled for March 31, 2027.

Key Dates

Keywords

Eagle Materials, EXP, Insider Trading, Form 4, Equity Incentive Plan, Executive Compensation