Cribbs Eric 4

What Happened
Eric Cribbs, President (American Gypsum) of Eagle Materials (EXP), had 355 shares of company stock disposed on May 18, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $194.66 each (closing price on the prior trading day), for a total of $69,104. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-18; Filing date: 2026-05-20. (No lateness flag shown.)
• Price: $194.66 per share (per issuer’s plan, equal to prior trading day close).
• Shares withheld/disposed: 355; total value: $69,104.
• Reason: 355 shares were withheld to satisfy income tax withholding on the lapse of restrictions for 900 restricted shares awarded May 23, 2023 (see Form 4 filed 5/13/2026).
• Ownership impact: The reporting person’s direct ownership was reduced by 355 shares to reflect the withholding; the filing does not state a new total share count in this summary.

Context
This was a routine tax-withholding action related to restricted stock vesting (code F) rather than a discretionary market sale or purchase. Such withholdings are common and generally reflect tax obligations, not an independent signal of insider sentiment. The price used for the withholding was set by the company’s 2023 Equity Incentive Plan as the prior trading day’s closing price.