Form 4: Eagle Materials Executive Trades Stock
Statement of Changes in Beneficial Ownership
Matt Newby, EVP & General Counsel at Eagle Materials Inc., reported transactions involving common stock, restricted stock units, and stock options.
Summary
- Matt Newby, Executive Vice President and General Counsel of Eagle Materials Inc. (EXP), has reported several transactions related to the company's stock.
- These transactions include the acquisition of common stock, the disposition of common stock, and the grant of restricted stock units and stock options.
- The reported transactions occurred on May 21, 2026, and May 22, 2026.
- The acquisition of common stock was made at a price of $199.13 per share.
- Restricted stock units and stock options were granted under the company's 2023 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine executive stock transactions rather than significant financial performance or strategic shifts.
Positives
- Executive compensation through equity awards (RSUs and options) indicates management's alignment with long-term company performance.
- The acquisition of common stock by an executive can signal confidence in the company's future prospects.
Negatives
- Disposition of common stock by an executive could be interpreted as a lack of confidence or a need for personal liquidity, though this is common for executives.
- The specific details of the stock dispositions are not provided in terms of the executive's motivation.
Risks
- The filing does not explicitly mention any risks. However, general risks associated with stock price volatility and executive trading are inherent.
- Potential for insider trading scrutiny if transactions are not properly disclosed or appear to be based on material non-public information (though this filing is a disclosure of such transactions).
Future Outlook
The filing does not contain forward-looking statements or guidance. It is a report of past transactions.
Management Comments
- The filing is a standardized SEC form and does not include direct management comments or opinions.
- Explanations for responses clarify the nature of the securities and vesting schedules.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors of publicly traded companies, providing transparency into their stock transactions. These filings are crucial for investors to understand insider sentiment and potential shifts in beneficial ownership.
Stakeholder Impact
- Shareholders: Gain insight into executive stock activity, which can sometimes be an indicator of confidence or liquidity needs.
- Employees: May observe executive compensation structures and potential alignment with company performance.
- Creditors: No direct impact.
- Suppliers: No direct impact.
Next Steps
- The reporting person will continue to hold or potentially trade securities in accordance with SEC regulations and company policies.
- Future Form 4 filings will be made if additional transactions occur.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Earliest transaction date reported, including grant of Restricted Stock Units and Non-Qualified Stock Option. |
| 05/22/2026 | Date of additional transactions including acquisition and disposition of common stock and grant of Restricted Stock Units. |
| 05/26/2026 | Date of signature on the filing. |
Keywords
SEC Form 4, Insider Trading, Eagle Materials, EXP, Stock Options, Restricted Stock Units, Beneficial Ownership, Executive Compensation, Securities Transaction
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