Haddock Alex 4

What Happened
Alex Haddock, Senior Vice President of Eagle Materials (EXP), had 284 shares withheld by the company on May 18, 2026 to satisfy income tax withholding related to the vesting (lapsing of restrictions) of 720 restricted shares. The withheld shares were valued at $194.66 each (total ≈ $55,283). This is a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (filed within the normal 2-business-day Form 4 window).
• Withheld shares: 284; withholding price: $194.66 per share; total value withheld ≈ $55,283.
• Vesting: These withholdings relate to the lapse of restrictions on 720 restricted shares awarded May 23, 2023 — so 720 vested, 284 withheld for taxes, net addition of 436 shares to holdings.
• Reporting note: The filing states the reporting person’s previously disclosed direct ownership included the restricted shares, and that direct ownership has been reduced by 284 shares to reflect the withholding.
• Transaction code: F = payment of exercise price or tax liability (tax withholding), not a market sale (no proceeds to the insider).

Context
Tax-withholding transactions on vested restricted stock are routine administrative actions and do not necessarily indicate the insider’s view of the company. This was a cashless withholding by the issuer to cover income tax obligations on the vesting event. The filing does not provide the reporter’s total shares held after the transaction beyond noting the net effect of the vesting and withholding.