Kesler Dale Craig 4

What Happened
Dale Craig Kesler, Executive Vice President and Chief Financial Officer of Eagle Materials (EXP), had 2,339 restricted shares become earned and reportable on May 11, 2026. The Form 4 shows an acquisition (award) of 2,339 shares at $0.00 (reported value $0) as performance-based restricted stock that vested when company performance targets were met.

Key Details

• Transaction date: May 11, 2026; Filing date: May 13, 2026 (filed timely).
• Security/amount: 2,339 shares of restricted stock acquired; reported price $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — award originally granted May 23, 2023 and vested upon meeting three‑year average return-on-equity performance criteria at fiscal‑2026 measurement; restrictions on the earned shares will lapse May 18, 2026. F2 — updated IRA holdings corrected a recordkeeping error.
• Transaction type: Award/vesting (code A); not an open‑market purchase or sale.

Context
This was a performance‑based restricted stock award that became earned when the company met pre-set ROE targets — the award vests fully (restrictions lapse) on May 18, 2026. Such vesting reflects compensation tied to performance rather than an insider buying or selling stock and should not be read as a direct buy/sell signal.