Eagle Materials (EXP) Director Mary Ricciardello Receives Restricted Stock
$EXP · EAGLE MATERIALS INCResearch Summary
AI-generated summary of this SEC filing
Eagle Materials (EXP) Director Mary Ricciardello Receives Restricted Stock
What Happened
Mary P. Ricciardello, a director of Eagle Materials Inc. (EXP), received equity awards on July 30, 2026: 955 shares of restricted stock and 827 derivative shares, each reported at $0.00. The awards total 1,782 shares; the restricted stock grant carries a one-year restriction that lapses on July 30, 2027. This is an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date(s) and price(s): July 30, 2026 — 955 restricted shares @ $0.00; 827 derivative shares @ $0.00.
- Total shares received: 1,782. Reported value on Form 4: $0 for each line (standard for grants recorded at no cash purchase price).
- Shares owned after transaction: Not stated in the filing.
- Footnote: F1 — The 955 restricted shares will vest (restrictions lapse) on July 30, 2027.
- Filing timeliness: Form 4 was filed on Aug 3, 2026, which is within the SEC’s two-business-day reporting window for this July 30 transaction.
Context
Equity awards to directors are a common form of compensation and do not by themselves indicate a buy or sell signal. The 827 “derivative” shares represent a derivative award (e.g., RSUs or similar) as reported; the filing does not detail the specific conversion/vesting mechanics for that portion. Retail investors should treat grants as compensation-related and watch future filings for vesting, sales, or exercises that convert these awards into reportable open‑market transactions.