Form 4: Eagle Materials Inc. EVP and CFO, Dale Craig Kesler, Reports Changes in Beneficial Ownership

Dale Craig Kesler, EVP and CFO of Eagle Materials Inc., reports a transaction involving common stock due to tax withholding requirements related to the vesting of restricted stock.

Summary

• On May 10, 2024, Dale Craig Kesler, the EVP and CFO of Eagle Materials Inc., reported a transaction involving the company's common stock.
• 461 shares were disposed of to satisfy income tax withholding requirements related to the lapsing of restrictions on 1,170 shares of restricted stock awarded on May 23, 2023.
• The transaction price was $267.28 per share, based on the closing price of the common stock on the previous trading day.
• Following the transaction, Kesler directly owns 60,488 shares of common stock, and indirectly owns 160 shares through a Reporting Person's IRA and 2,240 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.

Key Dates