Eagle Materials (EXP) Director Margot Lebenberg Sells 5,215 Shares

What Happened

• Margot Lebenberg, a director of Eagle Materials (EXP), received a grant of 1,400 restricted shares on July 30, 2026 (no cash paid) and proceeded to sell a total of 5,215 shares in open-market transactions between July 31 and August 3, 2026. The sales generated approximately $1,068,397 in proceeds.
• Sale detail by line: 478 shares @ $204.00 = $97,512 (7/31/2026); 2,517 shares @ $203.57 = $512,390 (7/31/2026); 1,659 shares @ $204.56 = $339,367 (7/31/2026); 561 shares @ $212.35 = $119,128 (8/3/2026). The restricted stock grant vests on July 30, 2027.

Key Details

• Transaction dates and prices: Grant 7/30/2026 (1,400 shares, $0); sales on 7/31/2026 and 8/03/2026 at prices shown above. Total sales ≈ $1,068,397.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 — 1,400 restricted shares granted, restrictions lapse 7/30/2027. F2 and F3 — two sale lines report weighted-average prices; underlying per-share prices ranged $203.24–$204.175 and $204.255–$204.67 respectively; detailed per-trade info can be provided to the SEC on request.
• Filing timeliness: Form 4 was filed on August 3, 2026 for transactions through August 3, 2026; no late filing is indicated in the record provided.

Context

• The filing shows a routine combination of an equity award (restricted stock grant) and subsequent open-market share sales. Grants are typical for director compensation and vest over time; sales do not necessarily indicate personal judgment on company prospects.
• For retail investors: purchases can signal confidence, but this filing mainly documents sales plus a standard restricted-share award—interpret accordingly and consider broader insider activity and company fundamentals.