Form 4: Eagle Materials Inc. Executive Tony Thompson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Tony Thompson, a Senior Vice President at Eagle Materials Inc., disposed of 1,426 shares of common stock on March 31, 2024, to cover income tax withholding requirements related to the vesting of restricted stock.
Summary
- On March 31, 2024, Tony Thompson, a Senior Vice President of Eagle Materials Inc., disposed of 1,426 shares of common stock.
- The disposal was executed to satisfy income tax withholding requirements associated with the lapsing of restrictions on previously awarded restricted stock.
- The transaction occurred at a price of $271.75 per share.
- Following the transaction, Thompson directly owns 12,967 shares of Eagle Materials Inc. common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment towards the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations and not necessarily indicative of a change in sentiment regarding the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock disposal transaction. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.