Haddock Alex 4

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).