Haack Michael 4

4 · EAGLE MATERIALS INC · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

Eagle Materials CEO Michael Haack Exercises Options, Receives RSUs

What Happened

Michael Haack, President & CEO and a director of Eagle Materials (EXP), exercised options on May 22, 2026 to acquire 3,527 shares at an exercise-related price of $199.13 per share (cash cost reported as $702,332). To satisfy withholding for taxes/exercise cost, 1,388 shares were surrendered/disposed (valued at $199.13 each, ~$276,392). The filing also reports two restricted stock unit (RSU) awards granted on May 21, 2026 totaling 27,230 RSUs (7,533 and 19,697 RSUs).

Key Details

Transaction dates and prices:
- 2026-05-22: Exercise/conversion (code M) — 3,527 shares acquired at $199.13 (total $702,332).
- 2026-05-22: Tax/price withholding (code F) — 1,388 shares disposed at $199.13 (total ~$276,392).
- 2026-05-21: Grants (code A) — 7,533 RSUs and 19,697 RSUs granted at $0 (derivative awards).
- The filing also shows a technical conversion/disposition entry of 3,527 derivative units at $0 (reported as part of the exercise process).
Shares owned after the transactions: Not specified in the provided Form 4 excerpt.
Notable footnotes:
- F1: $199.13 reflects the prior trading day's closing price used for valuation.
- F2: Each RSU represents a contingent right to one share.
- F3/F4: The RSUs vest ratably in three installments — on the first anniversary of the grant and on March 31, 2028 and March 31, 2029.
- F5: A prior RSU grant (10,531 RSUs on 5/22/2025) is noted with a similar vesting pattern.
Filing timeliness: Form filed 2026-05-26 for transactions on 2026-05-21/22; the filing date is a few days after the transactions and no late-filing flag is shown in the excerpt.

Context

This was effectively a cash exercise with share withholding: Haack paid the exercise-related amount (reported via the $199.13 price) to convert his derivative awards into 3,527 underlying shares, and a portion (1,388 shares) was withheld to cover taxes/charges — a common, administrative way to satisfy tax liabilities rather than a market sale for discretionary reasons.
The RSU grants are time-based awards that vest over multi-year schedules and do not represent an immediate cash transaction; they are not direct buy/sell signals on their own.

Form 4

Period: 2026-05-21

DirectorPresident and CEO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22$199.13/sh+3,527$702,332→ 89,343 total
Tax Payment
Common Stock
[F1]
2026-05-22$199.13/sh−1,388$276,392→ 87,955 total
Award
Restricted Stock Units
[F2][F3]
2026-05-21+7,533→ 7,533 total
→ Common Stock (7,533 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
[F4]
2026-05-21+19,697→ 19,697 total
Exercise: $199.13Exp: 2036-05-21→ Common Stock (19,697 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F5]
2026-05-22−3,527→ 7,051.056 total
→ Common Stock (3,527 underlying)

Footnotes (5)

[F1]In accordance with the issuer's 2023 Equity Incentive Plan, this price represents the closing price per share of Common Stock on the previous trading day.
[F2]Each restricted stock unit represents a contingent right to receive one share of EXP common stock.
[F3]The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029.
[F4]This award will vest ratably on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029.
[F5]On May 22, 2025, the reporting person was granted 10,531 restricted stock units. The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniverary of the date of award; on March 31, 2027; and on March 31, 2028.

Signature

/s/ Scott M. Wilson as Attorney-in-Fact for Michael R. Haack|2026-05-26

1 file