Haack Michael 4

What Happened
Michael Haack, President, CEO and Director of Eagle Materials (EXP), had 8,636 shares of restricted stock become earned and reportable on May 11, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (recorded acquisition value $0) — these were previously granted as performance-based restricted stock on May 23, 2023.

Key Details

• Transaction date: May 11, 2026 (Form 4 filed May 13, 2026).
• Transaction type/code: Award/Grant (A).
• Shares involved: 8,636 restricted shares vested/earned. Price reported: $0.00; recorded acquisition value $0.
• Restrictions: Award was performance-based (three-year average return on equity measured at end of fiscal 2026); company determined performance criteria were met on May 11, 2026. Restrictions on the earned shares will lapse on May 18, 2026 (per footnote).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Timeliness: Filing appears timely (transaction reported on Form 4 with filing date May 13, 2026).

Context
This was a performance-vested restricted stock award becoming earned (not a cash purchase or open-market sale). Such vested awards are compensation-related and do not necessarily signal a personal cash investment by the insider. The award was originally granted in 2023 and vested only after the company met specified ROE performance criteria through fiscal 2026.