Form 4: Eagle Materials Inc. Director Richard Ross Stewart Corrects Share Ownership in SEC Filing

Director Richard Ross Stewart of Eagle Materials Inc. filed a Form 4 to correct previously misstated share ownership, involving both direct and indirect holdings.

Summary

• Richard Ross Stewart, a director at Eagle Materials Inc., filed a Form 4 with the SEC to correct errors in previously reported share ownership.
• The filing indicates a sale of 3,577 common stock shares at a price of $300.3001 per share on November 20, 2024.
• The filing corrects an understatement of 3,491 shares held indirectly through the Stewart Family Trust in previous filings.
• It also corrects an overstatement of 3,491 shares held directly in previous filings.
• After the transaction and corrections, Stewart directly owns 4,028 shares and indirectly owns 1,100 shares through the Stewart Family Trust and 2,817 shares through the Richard Ross Stewart GST Exempt Trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing correcting previous errors, and does not indicate any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions and corrections by a company director, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with the requirements of the SEC.
• The correction of previously misstated share ownership is not uncommon and is typically addressed through amended filings.

Stakeholder Impact

• The correction of share ownership may provide more accurate information to shareholders.

Key Dates

Keywords

Form 4, SEC Filing, Eagle Materials Inc, Richard Ross Stewart, Share Ownership, Director, Stock Sale, Corrected Filing