Thompson Tony 4

What Happened Tony Thompson, Senior Vice President of Eagle Materials (EXP), had 319 shares withheld by the issuer to satisfy income tax withholding related to the lapse of restrictions on 810 restricted shares. The withheld shares were valued at $194.66 each (closing price on the prior trading day), for a total of about $62,097. This transaction is an administrative tax-withholding (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (timely filing).
• Withheld shares: 319 at $194.66 each — total ≈ $62,097.
• Original award: 810 restricted shares granted May 23, 2023; 319 were withheld to cover withholding taxes.
• Shares owned after transaction: the reporting person's direct ownership was reduced by 319 shares to reflect the withholding.
• Footnotes: price based on prior trading day's close (issuer plan rule); withholding was to satisfy income tax on vesting (F code).

Context This was a routine tax-withholding event tied to restricted stock vesting (cashless-withhold), common for equity awards, and should not be interpreted as an insider-initiated market sale or signal of sentiment.