Newby Matt 4

What Happened Matt Newby, EVP and General Counsel of Eagle Materials, had 1,350 restricted shares become earned/acquired on May 11, 2026. The Form 4 reports an acquisition (award/vesting) of 1,350 shares at $0.00 (no cash paid). The underlying award was originally granted in 2023 and vested after company performance criteria were met.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (appears to be filed within the standard 2‑business‑day window).
• Reported consideration: $0.00 per share (award/vesting, not a market purchase).
• Shares acquired: 1,350 restricted shares.
• Post-transaction holdings: Not specified in this Form 4.
• Footnote: Restricted stock was granted May 23, 2023 and was subject to a performance vesting condition tied to Eagle Materials’ average three‑year return on equity measured at fiscal 2026 end; the company determined the performance criteria were met on May 11, 2026. Restrictions on the earned shares will lapse on May 18, 2026.

Context This was a performance‑based award vesting, not an open‑market purchase or sale. Such grants are common executive compensation tied to long‑term performance metrics and do not by themselves indicate a buy/sell signal.