Form 4: Eagle Materials Inc. Director Michael R. Nicolais Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Michael R. Nicolais reports acquisition and disposal of Eagle Materials Inc. stock and restricted stock units.

Summary

  • On April 12, 2024, Michael R. Nicolais, a director of Eagle Materials Inc., reported changes in his beneficial ownership of the company's securities.
  • Nicolais acquired 3.893 restricted common stock units at a price of $0.
  • Nicolais disposed of 46,084 shares of common stock.
  • Following these transactions, Nicolais directly owns 3,961.6609 shares.
  • Nicolais also indirectly owns 1,550 shares through a profit-sharing plan, 3,500 shares through his IRA, and 1,386 shares through his wife's IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions, which can influence investor sentiment.

Key Dates

DateDescription
04/12/2024Date of the reported transactions (acquisition and disposal of securities).
04/16/2024Date of signature for the report.

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