STOCK TITAN

Eagle Materials (NYSE: EXP) grants EVP stock options and RSUs

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

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 Newby Matt
Role EVP & General Counsel
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 --
Holdings After Transaction: Restricted Stock Units — 1,116.453 shares (Direct, null); Common Stock — 20,867 shares (Direct, null); Non-Qualified Stock Option (Right to Buy) — 3,119 shares (Direct, null)
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. 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.
RSUs exercised 559 shares Converted from restricted stock units into Common Stock
Tax-withholding shares 220 shares at $199.13 Shares withheld to cover tax obligations on equity
Option grant size 3,119 options at $199.13 Non-qualified stock options expiring May 21, 2036
New RSU grant 1,193 RSUs Restricted stock units granted on May 21, 2026
Common shares held 20,867 shares Direct Common Stock ownership after transactions
RSUs held 1,116.4533 units Restricted stock units remaining after 559-unit conversion
Closing price reference $199.13 per share Footnote states this was prior-day closing price under 2023 Plan
Restricted Stock Units financial
"The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments"
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.
Non-Qualified Stock Option (Right to Buy) financial
"Non-Qualified Stock Option (Right to Buy) ... underlying security title Common Stock"
Equity Incentive Plan financial
"In accordance with the issuer's 2023 Equity Incentive Plan, this price represents the closing price per share"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
tax-withholding disposition financial
"transaction_action tax-withholding disposition for 220.0000 shares at $199.1300"
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.
derivative exercise/conversion financial
"transaction_action derivative exercise/conversion for 559.0000 restricted stock units"
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*
Newby Matt

(Last)(First)(Middle)
5960 BERKSHIRE LN
SUITE 900

(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)
EVP & General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
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 Stock05/22/2026M559A$199.13(1)20,867D
Common Stock05/22/2026F220D$199.13(1)20,647D
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(2)05/21/2026A1,193 (3) (3)Common Stock1,193$01,193D
Non-Qualified Stock Option (Right to Buy)$199.1305/21/2026A3,119 (4)05/21/2036Common Stock3,119$03,119D
Restricted Stock Units(2)05/22/2026M559 (5) (5)Common Stock559$01,116.4533D
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. Each restricted stock unit represents a contingent right to receive one share of EXP common stock.
3. 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.
4. This award will vest ratably on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029.
5. 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.
/s/ Matt Newby05/26/2026
** 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 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.

How many Eagle Materials (EXP) shares does Matt Newby hold after these transactions?

After these transactions, Matt Newby directly holds 20,867 shares of Eagle Materials Common Stock and 1,116.4533 restricted stock units. These holdings reflect both the RSU conversion into shares and the tax-withholding share disposition reported in the Form 4 filing.

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.