Form 4: Eagle Materials Inc. Director Acquires Restricted Stock
SEC Form 4 Filing
Director Martin M. Ellen acquired 478 shares of restricted stock in Eagle Materials Inc. on August 1, 2024.
Summary
- On August 1, 2024, Martin M. Ellen, a director of Eagle Materials Inc., acquired 478 shares of restricted stock.
- The restrictions on these shares will lapse on August 1, 2025.
- Following the transaction, Ellen directly owns 8,821 shares of common stock and indirectly owns 2,006 shares through Martin Robin Partners, L.P.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Positives
- The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the stock ownership of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Reporting person granted 478 shares of restricted stock. |
| 08/01/2025 | Restrictions on the granted stock will lapse. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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