Eagle Materials (EXP) executive has 355 shares withheld for taxes on vested stock
Rhea-AI Filing Summary
EAGLE MATERIALS INC executive Eric Cribbs reported a routine tax-related share disposition under the company’s 2023 Equity Incentive Plan. On May 18, 2026, 355 shares of common stock were withheld by the issuer at $194.66 per share to cover income tax obligations tied to the vesting of previously awarded restricted stock.
These shares were not sold in the open market; they were retained by the company to satisfy withholding requirements. After this adjustment, Cribbs’ direct holding stands at 12,756 shares of Eagle Materials common stock.
Positive
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Negative
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Insights
Routine tax withholding on vested equity; no open‑market sale.
Eric Cribbs, President of American Gypsum at EAGLE MATERIALS INC, had 355 shares withheld at $194.66 per share to satisfy income tax on vesting of restricted stock. This is coded as an F transaction, a standard equity compensation mechanism.
The footnote explains these shares relate to restrictions lapsing on 900 restricted shares granted in May 2023. Following the withholding, Cribbs directly owns 12,756 shares of common stock. With no open‑market buying or selling and no derivative exercises reported, this filing reflects routine tax and accounting treatment rather than a directional view on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 355 | $194.66 | $69K |
Footnotes (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. 355 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 900 shares of restricted stock awarded to the reporting person on May 23, 2023 (Form 4 filed on 5/13/2026). Because the reporting person's restricted stock 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 355 shares to reflect this tax withholding.