Form 4: Eagle Materials Inc. Executive Cribbs Reports Stock Disposal for Tax Obligations

Eric Cribbs, President (American Gypsum) at Eagle Materials Inc., reports disposing of shares to cover income tax withholding requirements related to restricted stock.

Summary

• On May 15, 2025, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc., disposed of 178 shares of common stock to satisfy income tax withholding requirements.
• The shares were withheld by the issuer related to the lapsing of restrictions on 450 shares of restricted stock awarded on May 23, 2023.
• The transaction was executed at a price of $234.44 per share, which represents the closing price of the common stock on the previous trading day according to the issuer's 2023 Equity Incentive Plan.
• Following the transaction, Cribbs directly owns 12,259 shares of Eagle Materials Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral to slightly positive as it indicates the executive holds a significant amount of company stock.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are withheld to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of for tax purposes.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Eagle Materials Inc., Eric Cribbs, EXP, Tax Withholding, Restricted Stock