Eagle Materials CFO earns 2,339-share performance award
Kesler Dale Craig reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kesler Dale Craig reported acquisition or exercise transactions in this Form 4 filing.
Eagle Materials EVP and CFO Dale Craig Kesler reported the vesting of a prior stock award and an update to IRA holdings. On May 11, 2026, 2,339 shares of restricted stock granted on May 23, 2023 became earned after the company met performance vesting criteria based on its average three-year return on equity measured at the end of fiscal 2026.
The restrictions on these earned shares are scheduled to lapse on May 18, 2026, increasing his fully vested direct ownership over time. Following this award, Kesler directly holds 57,000 shares of common stock and indirectly holds 442 shares through his IRA, with the IRA balance updated to correct a recordkeeping error.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,339 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. On May 23, 2023, the reporting person was granted 2,339 shares of restricted stock, subject to the achievement by the Company of performance vesting criteria based on the Company's average three-year return on equity measured at the end of fiscal 2026. On May 11, 2026 the performance vesting criteria was determined to have been met such that 2,339 shares of restricted stock became earned and reportable on such date. The restrictions on the earned shares will lapse on May 18, 2026.
- F2. Updated IRA holdings correct a recordkeeping error.
Key Figures
Key Terms
restricted stock financial
performance vesting criteria financial
average three-year return on equity financial
recordkeeping error financial
FAQ
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What insider transaction did Eagle Materials (EXP) report for EVP and CFO Dale Kesler?
What does the IRA holding update mean in the Eagle Materials (EXP) Form 4?
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