Newby Matt 4

4 · EAGLE MATERIALS INC · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Eagle Materials (EXP) EVP Matt Newby Converts RSUs, Shares Withheld

What Happened

Matt Newby, EVP & General Counsel of Eagle Materials (EXP), had restricted stock units vest on March 31, 2026. The vesting resulted in the acquisition of 600 shares at a reported per-share price of $181.50 (600 × $181.50 = $108,900).
To cover income tax withholding tied to vesting and prior restricted awards, the issuer withheld shares: 907 shares and 239 shares were disposed (withheld) at $181.50, totaling $164,621 and $43,379 respectively (combined ≈ $208,000). The filing also shows a derivative conversion/settlement entry for 600 shares (reported as a derivative disposition at $0.00), consistent with RSU conversion.

Key Details

Transaction date: March 31, 2026. Reported per-share price: $181.50 (footnote: prior trading day close).
Acquired: 600 shares via RSU vesting (value reported $108,900). Withheld/disposed for taxes: 907 shares ($164,621) and 239 shares ($43,379).
Footnotes: F2 explains 907 shares were withheld to satisfy income tax withholding related to lapsing of restrictions on prior awards; F3 notes each RSU equals one share; F4 describes the original RSU grant (May 24, 2024) that vests in three installments including March 31, 2026.
Transaction codes: M = exercise/conversion of derivative (RSU conversion here); F = payment of exercise price or tax liability (share withholding).
Shares owned after transaction: the excerpt does not list the total post-transaction beneficial ownership; footnote F2 states the reporting person’s direct ownership was reduced by 907 shares to reflect withholding.

Context

This appears to be a routine RSU vesting with shares withheld to satisfy tax obligations (a common, non-judgmental liquidity action). The filing does not indicate an open-market sale by the insider beyond the issuer’s withholding. No late-filing flag is shown in the provided excerpt.

Form 4

Period: 2026-03-31

EVP & General Counsel

Transactions

Tax Payment
Common Stock
[F1][F2]
2026-03-31$181.50/sh−907$164,621→ 19,129 total
Exercise/Conversion
Common Stock
[F1]
2026-03-31$181.50/sh+600$108,900→ 19,729 total
Tax Payment
Common Stock
[F1]
2026-03-31$181.50/sh−239$43,379→ 19,490 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-03-31−600→ 597.066 total
→ Common Stock (600 underlying)

Footnotes (4)

[F1]In accordance with the issuer's 2023 Equity Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading day.
[F2]907 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 749 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 4 filed 5/25/23); and (b) 1,525 shares of restricted stock awarded to the reporting person on 5/19/22 (Form 3 filed 6/6/22 and Form 4 filed 5/10/23). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 907 shares to reflect this tax withholding.
[F3]Each restricted stock unit represents a contingent right to receive one share of EXP common stock.
[F4]On May 24, 2024, the reporting person was granted 1,784 restricted stock units, vesting ratably in three installments on the first anniverary of the date of award; on March 31, 2026; and on March 31, 2027. Upon vesting, any related dividend-equivalent RSUs are also vested at that time.

Signature

/s/ Matt Newby|2026-04-02

1 file