Eagle Materials (NYSE: EXP) grants EVP stock options and RSUs
Rhea-AI Filing Summary
Eagle Materials EVP & General Counsel Matt Newby reported routine equity compensation activity. He exercised 559 restricted stock units into Common Stock, with 220 shares withheld to cover tax obligations at $199.13 per share. He also received grants of 3,119 non-qualified stock options at an exercise price of $199.13 per share, expiring on May 21, 2036, plus 1,193 new restricted stock units. Following these transactions, he directly holds 20,867 shares of Common Stock and 1,116.4533 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 559 | $0.00 | -- |
| Exercise | Common Stock | 559 | $199.13 | $111K |
| Tax Withholding | Common Stock | 220 | $199.13 | $44K |
| Grant/Award | Restricted Stock Units | 1,193 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 3,119 | $0.00 | -- |
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. Each restricted stock unit represents a contingent right to receive one share of EXP common stock. The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029. This award will vest ratably on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029. On May 22, 2025, the reporting person was granted 1,668 restricted stock units. The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniverary of the date of award; on March 31, 2027; and on March 31, 2028.
Key Figures
Key Terms
Restricted Stock Units financial
Non-Qualified Stock Option (Right to Buy) financial
Equity Incentive Plan financial
tax-withholding disposition financial
derivative exercise/conversion financial
FAQ
What did EXP executive Matt Newby report in this Form 4 filing?
Matt Newby reported routine equity compensation activity, including exercising 559 restricted stock units, a tax-withholding disposition of 220 shares at $199.13, and new grants of stock options and restricted stock units. These transactions adjust his equity-based compensation and ownership.
What stock option grant did EXP give to Matt Newby in this Form 4?
Matt Newby received 3,119 non-qualified stock options with an exercise price of $199.13 per share, each tied to 3,119 underlying Common Stock shares. These options expire on May 21, 2036, providing a long-dated equity incentive under Eagle Materials’ compensation program.
How many restricted stock units were granted to Matt Newby by EXP?
Matt Newby was granted 1,193 restricted stock units, each representing a contingent right to receive one share of Eagle Materials Common Stock. These RSUs vest in scheduled installments, aligning his compensation with the company’s long-term performance and retention objectives.
Was there any open-market buying or selling by Matt Newby in this EXP Form 4?
The Form 4 shows no open-market purchases or sales. It reports a derivative exercise of 559 restricted stock units into Common Stock and a related tax-withholding disposition of 220 shares, plus new grants of stock options and restricted stock units as compensation.