Eagle Materials (EXP) SVP reports 319-share tax withholding, holds 17,344 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EAGLE MATERIALS INC senior vice president and controller William R. Devlin reported routine share movements related to compensation and retirement holdings. On May 18, 2026, 319 shares of common stock were withheld by the company at $194.66 per share to cover income taxes on vesting of previously granted restricted stock. After this tax-withholding disposition, he directly held 17,344 common shares. He also indirectly held 1,936 shares through a 401(k) plan, reflecting retirement-plan ownership rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Devlin William R
Role
SVP, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 319 | $194.66 | $62K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,344 shares (Direct, null);
Common Stock — 1,936 shares (Indirect, By 401(k))
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. 319 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 810 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 319 shares to reflect this tax withholding.
Key Figures
Tax-withheld shares: 319 shares
Withholding price: $194.66 per share
Direct holdings after transaction: 17,344 shares
+2 more
5 metrics
Tax-withheld shares
319 shares
Withheld to satisfy income tax on vesting restricted stock
Withholding price
$194.66 per share
Closing price of common stock on prior trading day
Direct holdings after transaction
17,344 shares
Common stock held directly by William R. Devlin
401(k) indirect holdings
1,936 shares
Common stock held indirectly via 401(k) plan
Tax-withholding entries
1 transaction
Form 4 transaction summary taxWithholdingCount
Key Terms
401(k), restricted stock, 2023 Equity Incentive Plan, tax-withholding disposition, +1 more
5 terms
401(k) financial
"indirectly held 1,936 shares through a 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
restricted stock financial
"related to the lapsing of restrictions on 810 shares of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2023 Equity Incentive Plan financial
"In accordance with the issuer's 2023 Equity Incentive Plan, this price represents the closing price"
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.
FAQ
What insider transaction did Eagle Materials (EXP) report for William R. Devlin?
Eagle Materials reported a routine tax-related disposition. 319 common shares were withheld by the company to satisfy income tax obligations tied to vesting restricted stock, rather than being sold in the open market.
Was the Eagle Materials (EXP) insider transaction an open-market sale?
No, the filing shows a tax-withholding disposition, not an open-market sale. The company withheld 319 shares at $194.66 each to cover income tax on vesting restricted stock granted under the 2023 Equity Incentive Plan.
How are William R. Devlin’s 401(k) holdings in Eagle Materials (EXP) reported?
The filing lists 1,936 Eagle Materials common shares held indirectly through a 401(k) plan. This entry reflects retirement-plan ownership and is classified as indirect, separate from his directly held 17,344 common shares.