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Eagle Materials Inc (EXP) grants director stock options and restricted shares

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

NICOLAIS MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.

EAGLE MATERIALS INC director Michael R. Nicolais reported equity awards. On July 30, 2026 he received a grant of 1,341 non-qualified stock options to buy common stock at $205.4800 per share, exercisable from July 30, 2027 until July 30, 2036. He was also granted 1,549 shares of restricted common stock, with restrictions lapsing on July 30, 2027. Following these grants he directly owned 54,411 common shares, plus additional indirect holdings through an employer profit sharing plan, his IRA and his wife's IRA.

Positive

  • None.

Negative

  • None.
Insider NICOLAIS MICHAEL R
Role Director
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option (Right to Buy) 1,341 $0.00 $0.00
Grant/Award Common Stock F1 1,549 $0.00 $0.00
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Non-Qualified Stock Option (Right to Buy) — 1,341 shares (Direct); Common Stock — 54,411 shares (Direct); Common Stock — 1,705 shares (Indirect, By Profit Sharing Plan of Reporting Person's Employer); Common Stock — 3,655 shares (Indirect, By Reporting Person's IRA); Common Stock — 1,386 shares (Indirect, By Wife's IRA)
Footnotes (1)
  1. F1. On July 30, 2026, the reporting person was granted 1,549 shares of restricted stock. The restrictions will lapse on July 30, 2027.
Stock options granted 1,341 shares Non-qualified stock options granted on July 30, 2026
Option exercise price $205.4800 per share Exercise price for 1,341 non-qualified stock options
Option term Exercisable 2027-07-30 to 2036-07-30 Exercise and expiration dates for the option grant
Restricted shares granted 1,549 shares Restricted common stock award granted July 30, 2026
Restricted stock lapse date July 30, 2027 Date when restrictions on 1,549 shares will lapse
Direct common shares after awards 54,411 shares Total direct common stock holdings following the grants
Indirect employer plan holdings 1,705 shares Held by profit sharing plan of reporting person’s employer
Indirect IRA holdings 3,655 and 1,386 shares Held by reporting person’s IRA and wife’s IRA, respectively
Non-Qualified Stock Option financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
restricted stock financial
"the reporting person was granted 1,549 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.
Profit Sharing Plan financial
"By Profit Sharing Plan of Reporting Person's Employer"
IRA financial
"By Reporting Person's IRA" and "By Wife's IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did EXP director Michael R. Nicolais report on July 30, 2026?

On July 30, 2026, Michael R. Nicolais reported two equity awards: a grant of 1,341 non-qualified stock options and a grant of 1,549 restricted common shares. Both relate to Eagle Materials Inc (EXP) common stock.

What are the key terms of the stock options granted to the EXP director?

Nicolais received 1,341 non-qualified stock options with an exercise price of $205.4800 per share. The options become exercisable on July 30, 2027 and expire on July 30, 2036, covering an equal number of Eagle Materials common shares.

What restricted stock award did the EXP director receive and when does it vest?

He was granted 1,549 shares of restricted common stock. According to the disclosure, the restrictions will lapse on July 30, 2027, after which the shares are no longer subject to those restrictions, assuming continued compliance with award terms.

How many Eagle Materials (EXP) shares does Michael R. Nicolais hold directly after these awards?

After the July 30, 2026 awards, Nicolais held 54,411 shares of common stock directly. This direct ownership figure includes the newly granted 1,549 restricted shares, in addition to his previously held Eagle Materials common stock.

What indirect holdings in EXP stock are reported for Michael R. Nicolais?

Indirectly, Nicolais is reported to hold 1,705 shares through an employer profit sharing plan, 3,655 shares through his IRA, and 1,386 shares through his wife's IRA. These entries reflect different ownership channels for Eagle Materials common stock.

Were the reported EXP equity awards made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmatively used, and there is no footnote stating the awards were under a Rule 10b5-1 trading plan. The awards are reported simply as grants to the director.
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*
NICOLAIS MICHAEL R

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026
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 Stock07/30/2026A1,549(1)A$054,411D
Common Stock1,705IBy Profit Sharing Plan of Reporting Person's Employer
Common Stock3,655IBy Reporting Person's IRA
Common Stock1,386IBy Wife's IRA
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
Non-Qualified Stock Option (Right to Buy)$205.4807/30/2026A1,34107/30/202707/30/2036Common Stock1,341$01,341D
Explanation of Responses:
1. On July 30, 2026, the reporting person was granted 1,549 shares of restricted stock. The restrictions will lapse on July 30, 2027.
/s/ Scott M. Wilson as Attorney-in-Fact for Michael R. Nicolais08/03/2026
** 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)