Form 4: Eagle Materials Executive Stock Transaction
Statement of Changes in Beneficial Ownership
Senior Vice President Alex Haddock reported the vesting and tax withholding of restricted stock units for Eagle Materials Inc.
Summary
- Alex Haddock, Senior Vice President of Eagle Materials Inc., executed a transaction involving the vesting of 317 restricted stock units (RSUs) on March 31, 2026.
- A total of 164 shares were withheld by the company to satisfy tax obligations related to the vesting of restricted stock.
- Following these transactions, the reporting person holds 3,187 shares of common stock directly.
- The transactions were conducted at a reference 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 event, as it represents standard executive compensation activity rather than a strategic shift or market-moving event.
Positives
- The transaction reflects the standard vesting of equity compensation, indicating ongoing alignment between executive incentives and shareholder interests.
Negatives
- The transaction resulted in a net reduction of shares held by the executive due to tax withholding requirements.
Risks
- No specific operational or financial risks are disclosed in this ownership filing.
Future Outlook
The filing notes that remaining restricted stock units are scheduled to vest on March 31, 2027, per the 2023 Equity Incentive Plan.
Management Comments
- The transactions were executed in accordance with the issuer's 2023 Equity Incentive Plan.
Industry Context
StockSavvy.ai notes that this is a routine administrative filing regarding executive compensation and does not signal a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The use of 'sell-to-cover' or share withholding for tax obligations is a standard practice among S&P 500 and construction materials companies to manage executive tax liabilities.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine equity compensation settlement.
Next Steps
- Final vesting of remaining restricted stock units scheduled for March 31, 2027.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of the earliest transaction involving RSU vesting and tax withholding. |
| 04/02/2026 | Date of filing for the Form 4 statement. |
Keywords
Eagle Materials, EXP, Insider Trading, Form 4, Equity Compensation, Stock Vesting
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