Form 4: Eagle Materials Inc. Executive Eric Cribbs Reports Stock Transactions

Eric Cribbs, President (American Gypsum) at Eagle Materials Inc., reports exercising stock options and selling shares on July 31, 2024.

Summary

• On July 31, 2024, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc., engaged in multiple transactions involving the company's common stock.
• Cribbs exercised non-qualified stock options to acquire 764 shares at a price of $60.21 per share.
• He also exercised options to acquire 637 shares at the same price of $60.21 per share.
• Following these acquisitions, Cribbs sold 1,401 shares at $277.10 and 450 shares at $276.95.
• After these transactions, Cribbs directly owns 13,937 shares of Eagle Materials Inc.
• The stock options were granted with an exercise price of $60.21, and expire on May 19, 2030.
• The shares vest ratably upon certification of performance and over the next three fiscal year-ends (March 31) or vest ratably over the four fiscal year-ends (March 31) following the date of grant.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives who receive stock options as part of their compensation. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates