STOCK TITAN

Eagle Materials (NYSE: EXP) executive nets shares after RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Eagle Materials executive Eric Cribbs reported routine equity compensation activity tied to restricted stock units. On March 31, 2026, he exercised 459 restricted stock units, receiving an equivalent number of common shares. In connection with vesting events, the company withheld 598 and 186 common shares at $181.50 per share to cover income tax obligations, rather than selling shares on the open market. After these exercises and tax-withholding dispositions, Cribbs directly holds 12,211 shares of Eagle Materials common stock. The restricted stock units stem from prior equity awards granted under the company’s 2023 Equity Incentive Plan.

Positive

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Insider Cribbs Eric
Role President (American Gypsum)
Type Security Shares Price Value
Exercise Restricted Stock Units 459 $0.00 --
Tax Withholding Common Stock 598 $181.50 $109K
Exercise Common Stock 459 $181.50 $83K
Tax Withholding Common Stock 186 $181.50 $34K
Holdings After Transaction: Restricted Stock Units — 456.461 shares (Direct); Common Stock — 11,938 shares (Direct)
Footnotes (1)
  1. 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. 598 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 500 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 4 filed 5/25/23); and (b) 980 shares of restricted stock awarded to the reporting person on 5/19/22 (Form 3 filed 8/15/22 and Form 4 filed 5/10/23). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 598 shares to reflect this tax withholding. Each restricted stock unit represents a contingent right to receive one share of EXP common stock. On May 24, 2024, the reporting person was granted 1,364 restricted stock units, vesting ratably in three installments on the first anniverary of the date of award; on March 31, 2026; and on March 31, 2027. Upon vesting, any related dividend-equivalent RSUs are also vested at that time.
RSUs exercised 459 restricted stock units Converted into 459 common shares on March 31, 2026
Tax-withheld shares (first entry) 598 shares at $181.50/share Withheld to satisfy income tax on lapsing restrictions
Tax-withheld shares (second entry) 186 shares at $181.50/share Additional withholding for income tax obligations
Total tax-withholding shares 784 shares Sum of shares withheld under F-code entries
Shares owned after transactions 12,211 shares Direct common stock ownership after March 31, 2026 entries
Exercise price reference $181.50 per share Closing price per share used under 2023 Equity Incentive Plan
Prior RSU grant 1,364 restricted stock units Granted May 24, 2024, vesting in three installments
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2023 Equity Incentive Plan financial
"In accordance with the issuer's 2023 Equity Incentive Plan"
dividend-equivalent RSUs financial
"Upon vesting, any related dividend-equivalent RSUs are also vested"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cribbs Eric

(Last)(First)(Middle)
5960 BERKSHIRE LN
SUITE 800

(Street)
DALLAS TEXAS 75225

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EAGLE MATERIALS INC [ EXP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President (American Gypsum)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026F598D$181.5(1)11,938(2)D
Common Stock03/31/2026M459A$181.5(1)12,397D
Common Stock03/31/2026F186D$181.5(1)12,211D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)03/31/2026M459 (4) (4)Common Stock459$0456.4613D
Explanation of Responses:
1. 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.
2. 598 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 500 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 4 filed 5/25/23); and (b) 980 shares of restricted stock awarded to the reporting person on 5/19/22 (Form 3 filed 8/15/22 and Form 4 filed 5/10/23). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 598 shares to reflect this tax withholding.
3. Each restricted stock unit represents a contingent right to receive one share of EXP common stock.
4. On May 24, 2024, the reporting person was granted 1,364 restricted stock units, vesting ratably in three installments on the first anniverary of the date of award; on March 31, 2026; and on March 31, 2027. Upon vesting, any related dividend-equivalent RSUs are also vested at that time.
/s/ Scott M. Wilson as Attorney-in-Fact for Eric Cribbs04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Eric Cribbs report at Eagle Materials (EXP)?

Eric Cribbs exercised 459 restricted stock units into common stock and had 598 and 186 shares withheld at $181.50 per share for income taxes. Following these compensation-related transactions, he directly holds 12,211 shares of Eagle Materials common stock.

Was the Form 4 for Eagle Materials (EXP) an open-market stock sale by Eric Cribbs?

No. The Form 4 shows tax-withholding dispositions coded "F," meaning shares were withheld by the company to pay income taxes on vesting, not sold in the open market. The main action is exercising restricted stock units and settling related tax obligations.

How many Eagle Materials (EXP) shares does Eric Cribbs own after these transactions?

After exercising restricted stock units and related tax-withholding entries, Eric Cribbs directly owns 12,211 shares of Eagle Materials common stock. This figure reflects the reduction from shares withheld to satisfy income tax requirements on previously granted restricted stock awards.

What price was used for tax-withholding on Eric Cribbs’ Eagle Materials (EXP) shares?

The company used a price of $181.50 per share for the tax-withholding dispositions. At this price, 598 and 186 common shares were withheld to satisfy income tax obligations related to lapsing restrictions on previously granted restricted stock and related equity awards.

What are the restricted stock units reported by Eric Cribbs at Eagle Materials (EXP)?

Each restricted stock unit represents a contingent right to receive one share of Eagle Materials common stock. The Form 4 notes a prior grant of 1,364 restricted stock units that vest in three installments, with associated dividend-equivalent RSUs vesting at the same times.

Are Eric Cribbs’ Eagle Materials (EXP) transactions linked to an equity incentive plan?

Yes. The filing states the price used for tax withholding is determined under Eagle Materials’ 2023 Equity Incentive Plan. The reported restricted stock units and restricted stock awards are equity compensation granted to Cribbs under that plan and vest over multiple dates.