Haddock Alex 4
4 · EAGLE MATERIALS INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Eagle Materials SVP Alex Haddock Exercises RSUs (~$57.5K)
What Happened Alex Haddock, Senior Vice President of Eagle Materials (EXP), had restricted stock units (RSUs) convert/vest on 2026-03-31. The filing reports 317 shares acquired via exercise/conversion of a derivative (reported as code M) valued at $181.50 per share (total ~$57,536). To satisfy tax withholding related to vested/released restrictions, the issuer withheld 164 shares (value $29,766) and 131 shares (value $23,777). The report also shows a 317-share derivative disposition at $0, which reflects the conversion/settlement mechanics of the RSUs.
Key Details
- Transaction date: 2026-03-31; Filing date/accession: 2026-04-02 (timely filing).
- Acquisition: 317 shares via exercise/conversion (code M) at $181.50; reported value $57,536.
- Withholding/tax payments: 164 shares withheld ($29,766) and 131 shares withheld ($23,777) (code F).
- Additional derivative entry: 317 shares reported disposed at $0 — relates to conversion/settlement of RSUs.
- Shares owned after transaction: Not specified in this Form 4.
- Relevant footnotes: F2 notes 164 shares withheld to satisfy tax on prior 5/23/23 restricted stock; F3 explains each RSU equals a contingent right to one share; F4 states the reporting person was granted 945 RSUs on 5/24/24 vesting ratably (one vesting occurred on 3/31/26).
Context
- This was RSU vesting and related tax withholding, not an open-market buy or sell. Withholding of shares to cover taxes is routine and does not necessarily indicate a change in insider sentiment.
- Code M (exercise/conversion of derivative) here reflects conversion/settlement of RSUs into common stock; withheld shares were used to meet income tax obligations (code F).
Insider Transaction Report
Form 4
Haddock Alex
Senior Vice President
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-03-31$181.50/sh−164$29,766→ 3,001 total - Exercise/Conversion
Common Stock
[F1]2026-03-31$181.50/sh+317$57,536→ 3,318 total - Tax Payment
Common Stock
[F1]2026-03-31$181.50/sh−131$23,777→ 3,187 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-03-31−317→ 316.861 total→ Common Stock (317 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]164 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 400 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 3 filed 8/7/24). 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 164 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 945 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/ Scott M. Wilson as Attorney-in-Fact for Alex Haddock|2026-04-02