Kesler Dale Craig 4

What Happened
Dale Craig Kesler, EVP and CFO of Eagle Materials (EXP), had restricted stock units (RSUs) vest on March 31, 2026. The filing shows 951 RSUs converted into 951 shares (valued at $181.50/share, $172,607). To satisfy tax withholding obligations, the issuer withheld a total of 1,535 shares (two withholding transactions of 1,159 and 376 shares) at $181.50 per share, totaling $278,603. These were withholding dispositions rather than open-market sales.

Key Details

• Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (timely filing).
• Price used: $181.50 per share (closing price on prior trading day, per footnote).
• Converted/Acquired: 951 shares from RSU conversion, $172,607 total.
• Withheld/Disposed for tax: 1,159 shares ($210,359) and 376 shares ($68,244); combined withheld = 1,535 shares ($278,603).
• Footnotes: F2 notes 1,159 shares were withheld related to prior restricted stock awards (awards from 5/23/23 and 5/19/22); F3 clarifies each RSU equals one share; F4 describes the 5/24/24 grant of 2,833 RSUs vesting ratably (one installment vested 3/31/26).
• Shares owned after transaction: not specified in the provided extract of the filing.

Context
This filing reflects RSU vesting and routine tax-withholding (transaction codes M = exercise/conversion of derivative; F = tax withholding), not an open-market buy or discretionary sale. Tax-withholding dispositions are common when awards vest and do not necessarily indicate a change in insider sentiment.