Form 4: Eagle Materials Inc. Executive Alex Haddock Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Senior Vice President Alex Haddock of Eagle Materials Inc. reports the withholding of 151 common stock shares to cover income tax obligations related to the vesting of restricted stock.

Summary

  • On March 31, 2025, Alex Haddock, a Senior Vice President at Eagle Materials Inc., had 151 shares of common stock withheld by the issuer to satisfy income tax withholding requirements.
  • This withholding relates to the lapsing of restrictions on 400 shares of restricted stock awarded to Haddock on May 23, 2023.
  • The price per share for the withholding was $220.97, based on the closing price of the common stock on the previous trading day according to the company's 2023 Equity Incentive Plan.
  • Following the transaction, Haddock directly owns 2,954 shares of Eagle Materials Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction related to executive compensation.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor impact on the total number of outstanding shares.

Key Dates

DateDescription
05/23/2023Date restricted stock was awarded to Alex Haddock
08/07/2024Form 3 filed
03/31/2025Date of stock withholding transaction
04/02/2025Date of Form 4 filing

Keywords

Form 4, insider trading, stock withholding, restricted stock, equity incentive plan, Alex Haddock, Eagle Materials Inc., EXP

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