Form 4: Eagle Materials Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
William R. Devlin, SVP and Controller at Eagle Materials Inc., reports the withholding of shares to cover income tax obligations related to lapsing restricted stock.
Summary
- On March 31, 2025, William R. Devlin, SVP and Controller of Eagle Materials Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 834 shares to satisfy income tax withholding requirements.
- The shares were related to the lapsing of restrictions on restricted stock awarded on various dates.
- Following the transaction, Devlin directly owns 20,682 shares of common stock and indirectly owns 1,936 shares through a 401(k).
- The price per share for the transaction was $220.97, representing the closing price on the previous trading day according to the 2023 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and legally required for corporate officers and directors. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax purposes and does not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the reported transaction (stock withholding). |
| 04/02/2025 | Date of signature on the Form 4 filing. |
| 5/19/2021 | Date of restricted stock award (888 shares). |
| 5/19/2022 | Date of restricted stock award (735 shares). |
| 5/23/2023 | Date of restricted stock award (450 shares). |
Keywords
Form 4, Eagle Materials Inc, EXP, William R. Devlin, Stock Transaction, Insider Trading, Restricted Stock, Tax Withholding
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