Equity grants lift Eagle Materials (NYSE: EXP) president's share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eagle Materials executive Eric Cribbs, President of American Gypsum, reported routine equity compensation activity. On May 21, 2026, he received a grant of 2,009 restricted stock units (RSUs), each representing one share of EXP common stock. On May 22, 2026, 589 RSUs converted into the same number of common shares, and 232 shares were withheld at $199.13 per share to cover tax obligations. After these transactions, Cribbs directly held 13,345 common shares and 1,174.8463 RSUs, reflecting ongoing stock-based compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
589 shares exercised/converted
Mixed
4 txns
Insider
Cribbs Eric
Role
President (American Gypsum)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 589 | $0.00 | -- |
| Exercise | Common Stock | 589 | $199.13 | $117K |
| Tax Withholding | Common Stock | 232 | $199.13 | $46K |
| Grant/Award | Restricted Stock Units | 2,009 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,174.846 shares (Direct, null);
Common Stock — 13,345 shares (Direct, null)
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. On May 22, 2025, the reporting person was granted 1,756 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
RSU grant: 2,009 units
RSUs converted: 589 units
Tax withholding shares: 232 shares
+3 more
6 metrics
RSU grant
2,009 units
Restricted stock units granted on May 21, 2026
RSUs converted
589 units
RSUs converted into common stock on May 22, 2026
Tax withholding shares
232 shares
Shares withheld to cover tax liability
Withholding price
$199.13/share
Price per share used for tax withholding
Common shares after
13,345 shares
Direct common stock holdings after transactions
RSUs remaining
1,174.8463 units
Restricted stock units held after RSU conversion
Key Terms
restricted stock unit, dividend equivalent RSUs, Equity Incentive Plan, tax liability
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of EXP common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent RSUs financial
"The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments"
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 liability financial
"Payment of exercise price or tax liability by delivering securities"
FAQ
What equity awards did Eric Cribbs report for Eagle Materials (EXP)?
Eric Cribbs reported a grant of 2,009 restricted stock units. These RSUs are part of his stock-based compensation and each unit represents a contingent right to receive one share of Eagle Materials common stock, subject to vesting conditions.
What are restricted stock units in the Eagle Materials (EXP) filing?
Restricted stock units are promises to deliver EXP common shares in the future. Each RSU equals one future share, typically vesting over time. In this filing, RSUs vest in scheduled installments under Eagle Materials' equity incentive plan, sometimes with dividend equivalent RSUs included.
What are Eric Cribbs' Eagle Materials (EXP) holdings after these transactions?
Following the reported transactions, Eric Cribbs directly held 13,345 shares of Eagle Materials common stock. He also held 1,174.8463 restricted stock units, representing additional potential future shares subject to vesting under the company's equity compensation arrangements.
How do the Eagle Materials (EXP) RSUs vest for Eric Cribbs?
The RSUs vest in three installments on specified anniversaries and March 31 dates. Both the original RSUs and any accrued dividend equivalent RSUs follow this schedule, gradually delivering EXP common shares to Eric Cribbs as the vesting milestones are reached over time.