Form 4: Eagle Materials Inc. Executive Matt Newby Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP & General Counsel of Eagle Materials Inc., Matt Newby, reports a transaction involving common stock related to tax withholding requirements.
Summary
- On May 15, 2025, Matt Newby, EVP & General Counsel of Eagle Materials Inc., reported a transaction involving the company's common stock.
- 266 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 675 shares of restricted stock awarded on May 23, 2023.
- The price per share for the transaction was $234.44, representing the closing price on the previous trading day.
- Following the transaction, Newby directly owns 19,674 shares of Eagle Materials Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This filing 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 shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Date restricted stock was awarded to the reporting person |
| 05/12/2025 | Form 4 filed on this date |
| 05/15/2025 | Date of the reported transaction |
| 05/19/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Eagle Materials Inc, EXP, Matt Newby, Stock Transaction, Tax Withholding, Restricted Stock
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