Form 4: Eagle Materials Inc. Executive Alex Haddock Reports Acquisition of 360 Shares of Common Stock

Senior Vice President Alex Haddock of Eagle Materials Inc. reports the acquisition of 360 shares of common stock following the vesting of restricted stock based on performance criteria.

Summary

• On May 8, 2025, Alex Haddock, Senior Vice President of Eagle Materials Inc., acquired 360 shares of common stock.
• This acquisition resulted from the vesting of restricted stock granted on May 23, 2023.
• The vesting was contingent upon Eagle Materials Inc.'s achievement of specific performance criteria related to the company's average two-year return on equity, measured at the end of fiscal year 2025.
• The performance vesting criteria were met, leading to the earning and reporting of the 360 shares on May 8, 2025.
• The restrictions on these earned shares are set to lapse on May 15, 2025.
• Following the transaction, Haddock directly owns 3,314 shares of Eagle Materials Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports a routine transaction related to executive compensation and vesting of shares based on pre-defined performance criteria.

Positives

• The vesting of restricted stock indicates that Eagle Materials Inc. met its performance targets related to return on equity.
• Alex Haddock's increased stake in the company aligns his interests with those of other shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their alignment with shareholder interests.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates that the company met its performance targets.

Key Dates

Keywords

Eagle Materials Inc., Alex Haddock, stock acquisition, restricted stock, performance vesting, Form 4, insider trading