Eagle Materials SVP earns 810 restricted shares
Devlin William R reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Devlin William R reported acquisition or exercise transactions in this Form 4 filing.
Eagle Materials SVP and Controller William R. Devlin reported a compensation-related stock award becoming earned. On May 11, 2026, 810 shares of restricted common stock became earned after the company met performance vesting criteria tied to its average three-year return on equity measured at the end of fiscal 2026.
The restrictions on these 810 earned shares will lapse on May 18, 2026. Following this award, Devlin holds 17,663 shares of Eagle Materials common stock directly and 1,936 shares indirectly through a 401(k) plan.
Insider Trade Summary
Grant/Award: 810 shares
Grant/Award
2 txns
Insider
Devlin William R
Role
SVP, Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 810 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,663 shares (Direct);
Common Stock — 1,936 shares (Indirect, By 401(k))
Footnotes (1)
- F1. On May 23, 2023, the reporting person was granted 810 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 810 shares of restricted stock became earned and reportable on such date. The restrictions on the earned shares will lapse on May 18, 2026.
Key Figures
Earned restricted shares: 810 shares
Direct common stock holdings: 17,663 shares
401(k) common stock holdings: 1,936 shares
+2 more
5 metrics
Earned restricted shares
810 shares
Restricted stock earned on May 11, 2026 after performance vesting
Direct common stock holdings
17,663 shares
Total common shares held directly after the reported transaction
401(k) common stock holdings
1,936 shares
Common stock held indirectly through a 401(k) plan
Restriction lapse date
May 18, 2026
Date when restrictions on the 810 earned shares will lapse
Original grant date
May 23, 2023
Date 810 restricted shares were originally granted subject to performance criteria
Key Terms
restricted stock, performance vesting criteria, return on equity, 401(k)
4 terms
restricted stock financial
"the reporting person was granted 810 shares of restricted stock, subject to the achievement"
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.
performance vesting criteria financial
"subject to the achievement by the Company of performance vesting criteria based on"
return on equity financial
"performance vesting criteria based on the Company's average three-year return on equity"
Return on equity shows how effectively a company uses its shareholders' money to generate profit. It is calculated by dividing the company's net profit by its shareholders' equity, indicating how much profit is earned for each dollar invested by owners. Higher return on equity suggests the company is good at turning investments into earnings, which can be an important factor for investors assessing its profitability and efficiency.
401(k) financial
"total_shares_following_transaction": "1936.0000", "direct_or_indirect": "I", "nature_of_ownership": "By 401(k)""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Eagle Materials (EXP) executive William R. Devlin report on this Form 4?
William R. Devlin reported that 810 previously granted restricted shares of Eagle Materials common stock became earned on May 11, 2026. The award reflects performance-based vesting and is part of his compensation, rather than an open-market stock purchase or sale.
What performance vesting criteria applied to William R. Devlin’s restricted stock at Eagle Materials (EXP)?
The 810 restricted shares were subject to performance vesting based on Eagle Materials’ average three-year return on equity. This performance period was measured at the end of fiscal 2026, and meeting these criteria caused the shares to become earned on May 11, 2026.
When will restrictions lapse on William R. Devlin’s earned restricted Eagle Materials (EXP) shares?
The filing states that restrictions on the 810 earned restricted shares will lapse on May 18, 2026. Until that date, the shares remain subject to restrictions despite being earned and reportable following achievement of the specified performance vesting criteria.
Was this Eagle Materials (EXP) Form 4 an open-market stock purchase or sale?
No, this Form 4 reflects a grant or award acquisition of 810 restricted shares, not an open-market trade. The transaction code is A, the price per share is shown as 0.0000, and the shares were earned based on meeting performance vesting criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.
