Haddock Alex 4

What Happened Alex Haddock, Senior Vice President of Eagle Materials Inc. (EXP), was credited with 720 restricted shares that became earned as a performance-based award on May 11, 2026. The Form 4 reports the acquisition as 720 shares at $0.00 (code A — award/grant/other acquisition). The filing reports the award becoming earned; it is a compensation/vesting event, not an open-market purchase or sale.

Key Details

• Transaction date: May 11, 2026 (reported on Form 4 filed May 13, 2026).
• Transaction type/code: Award/grant/other acquisition (A).
• Shares involved: 720 restricted shares; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The 720 shares were originally granted May 23, 2023 subject to performance vesting based on the company’s average three‑year return on equity measured at the end of fiscal 2026. On May 11, 2026 the company determined the performance criteria were met and the shares became earned; restrictions on the earned shares lapse May 18, 2026.
• Timeliness: Filing appears timely (reported two days after the event).

Context This was a performance‑based restricted stock award vesting event tied to multi‑year ROE targets — a form of executive compensation. Such awards reflect earned pay rather than a purchase or sale in the open market and should be interpreted as compensation realization, not necessarily a direct signal of insider buying or selling intent.