Form 4: Eagle Materials Inc. Director Richard Ross Stewart Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Richard Ross Stewart reports a disposition of common stock and adjustments to holdings in family trusts.
Summary
- Richard Ross Stewart, a director of Eagle Materials Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
- On April 11, 2024, Stewart disposed of 2,817 shares of common stock at a price of $0.
- Following the transaction, Stewart directly owns 7,041 shares and indirectly owns 1,186 shares through the Stewart Family Trust and 2,817 shares through the Richard Ross Stewart GST Exempt Trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how it's interpreted by the market.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of transaction: Disposition of common stock. |
| 04/12/2024 | Date of signature on the Form 4 filing. |
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