Form 4: Eagle Materials Inc. Executive Trades Common Stock

Sentiment:

Statement of Changes in Beneficial Ownership


Alex Haddock, Senior Vice President at Eagle Materials Inc., reported transactions involving the acquisition and disposition of common stock and restricted stock units.

Summary

  • Alex Haddock, Senior Vice President at Eagle Materials Inc. (EXP), engaged in several transactions on May 21 and May 22, 2026.
  • These transactions included the acquisition of 1,130 restricted stock units (RSUs) and the disposition of 354 shares of common stock at $199.13 per share.
  • Additionally, 140 shares of common stock were disposed of at $199.13 per share.
  • Following these transactions, Haddock beneficially owns 3,977 shares of common stock directly.
  • The RSUs have varying vesting schedules, with some vesting in installments on anniversaries of the award date and specific future dates like March 31, 2028, March 31, 2029, March 31, 2027, and March 31, 2028.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider stock transactions and equity awards without significant positive or negative financial news.

Positives

  • The reporting person, Alex Haddock, continues to hold a significant number of shares (3,977) directly.
  • The acquisition of restricted stock units indicates continued equity-based compensation and alignment with the company's performance.
  • The transactions were executed under the issuer's 2023 Equity Incentive Plan, suggesting a structured and approved compensation framework.

Negatives

  • The disposition of 354 and 140 shares of common stock represents a reduction in directly held shares.
  • The specific reasons for the stock dispositions are not detailed in the filing.

Risks

  • The vesting schedules for RSUs extend over several years, meaning the full benefit of these awards is contingent on continued employment and company performance.
  • Market price fluctuations of Eagle Materials Inc. common stock could impact the value of outstanding RSUs and future equity awards.

Future Outlook

The future outlook for Alex Haddock's beneficial ownership is tied to the vesting schedules of his restricted stock units, which extend through March 31, 2029. The value of these units will be subject to the future market performance of Eagle Materials Inc. common stock.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executive and director stock transactions. The reported activity for Alex Haddock at Eagle Materials Inc. is typical for a senior officer receiving equity compensation and managing their holdings.

Stakeholder Impact

  • Shareholders: The disposition of shares by a senior officer may be monitored, but the context of equity awards and ongoing direct ownership suggests no immediate negative impact.
  • Employees: The continued grant of RSUs reinforces the company's use of equity as a compensation tool, aligning employee interests with shareholder value.
  • Management: Alex Haddock's transactions reflect standard executive compensation and personal financial management practices.

Next Steps

  • Vesting of restricted stock units according to the specified schedules.
  • Potential future transactions by Alex Haddock regarding his holdings in Eagle Materials Inc.

Key Dates

DateDescription
05/21/2026Earliest transaction date reported and date of RSU award.
05/22/2026Date of common stock dispositions and RSU disposition.
05/26/2026Date of signature on the filing.
03/31/2027Vesting date for a portion of RSUs granted on May 22, 2025.
03/31/2028Vesting date for a portion of RSUs granted on May 21, 2026, and May 22, 2025.
03/31/2029Vesting date for a portion of RSUs granted on May 21, 2026.

Keywords

Eagle Materials Inc., EXP, Form 4, SEC Filing, Insider Trading, Stock Transaction, Restricted Stock Units, Common Stock, Alex Haddock, Equity Incentive Plan

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