Form 4: Eagle Materials SVP Alex Haddock Reports Routine Tax-Related Stock Disposition

Sentiment:

Insider Transaction Report


Eagle Materials Senior Vice President Alex Haddock reported the disposition of 225 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

  • Alex Haddock, Senior Vice President and Director of Eagle Materials Inc. (EXP), reported a transaction on June 13, 2025.
  • The transaction involved the disposition of 225 shares of Common Stock.
  • These shares were withheld by Eagle Materials Inc. to satisfy income tax withholding requirements.
  • The withholding was related to the lapsing of restrictions on 634 shares of restricted stock previously awarded to Mr. Haddock on June 13, 2022.
  • The price per share for the withheld stock was $202.57, representing the closing price on the previous trading day.
  • Following this transaction, Alex Haddock beneficially owns 3,165 shares of Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding related to restricted stock vesting, which is a common and expected part of executive compensation and does not indicate a discretionary sale or purchase by the insider, thus having a neutral sentiment.

Future Outlook

This Form 4 filing, detailing a routine insider transaction for tax withholding, does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a standard disclosure of an insider's equity transaction, specifically a tax withholding related to executive compensation. It does not provide broader industry context or trends.

Related Party Transactions

  • The transaction involves the withholding of shares by the issuer (Eagle Materials Inc.) to satisfy tax obligations for an executive (Alex Haddock), which is a standard related-party transaction within the context of equity compensation.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in insider confidence.
  • Employees: No direct impact on the broader employee base.

Key Dates

DateDescription
06/13/2022Date 634 shares of restricted stock were awarded to Alex Haddock.
08/07/2024Date Form 3 was filed.
06/13/2025Date of the reported transaction (disposition of shares for tax withholding).

Keywords

Eagle Materials, EXP, Alex Haddock, Form 4, insider transaction, stock disposition, restricted stock, tax withholding, executive compensation

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.