Form 4: Eagle Materials Inc. Executive Sells Shares for Tax Withholding
Insider Transaction Filing
Eagle Materials Inc. Senior Vice President Alex Haddock reported a transaction involving the sale of 284 shares to cover tax obligations related to restricted stock vesting.
Summary
- Alex Haddock, Senior Vice President at Eagle Materials Inc., engaged in a transaction on May 18, 2026.
- This transaction involved the disposal of 284 shares of common stock.
- The shares were disposed of at a price of $194.66 per share.
- This disposal was to satisfy income tax withholding requirements related to the lapsing of restrictions on 720 restricted stock awards granted on May 23, 2023.
- Following this transaction, Haddock beneficially owns 3,623 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard insider transaction for tax withholding and does not indicate a change in the executive's confidence in the company's future performance.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to an insider transaction for tax purposes.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, often related to compensation plans or tax obligations, and do not typically reflect strategic shifts or performance evaluations of the company itself.
Stakeholder Impact
- Shareholders: No direct impact on share price or company operations is expected from this routine tax-related transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/18/2026 | Transaction Date for disposal of shares |
| 05/20/2026 | Date of signature for the filing |
| 05/23/2023 | Date restricted stock award was granted |
Keywords
Eagle Materials Inc., Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation
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