Form 4: Eagle Materials Inc. Director Receives Restricted Stock Grant
SEC Form 4 Filing
Margot Lebenberg Carter, a director at Eagle Materials Inc., received a grant of 478 shares of restricted stock on August 1, 2024, which will vest on August 1, 2025.
Summary
- On August 1, 2024, Margot Lebenberg Carter, a director of Eagle Materials Inc., was granted 478 shares of restricted stock.
- The restrictions on these shares will lapse on August 1, 2025.
- Following this transaction, Ms. Carter directly owns 10,011 shares of Eagle Materials Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock grant, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock grants to a company director, a common practice in corporate governance to align the interests of directors with those of shareholders.
Stakeholder Impact
- The stock grant aligns the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Reporting person was granted 478 shares of restricted stock |
| 08/01/2025 | Restrictions on the granted stock will lapse |
| 08/05/2024 | Date of signature |
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