STOCK TITAN

Eagle Materials (NYSE: EXP) president gains 900 performance-based shares

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

Rhea-AI Filing Summary

EAGLE MATERIALS INC reported that Eric Cribbs, President of American Gypsum, acquired 900 shares of common stock through a restricted stock award. These shares were originally granted on May 23, 2023, subject to performance vesting criteria tied to the company’s average three-year return on equity through fiscal 2026.

On May 11, 2026, the company determined that the performance goals had been met, so the 900 restricted shares became earned and are now reportable. Following this vesting event, Cribbs directly holds 13,111 shares of common stock. The restrictions on the 900 earned shares are scheduled to lapse on May 18, 2026.

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Insider Cribbs Eric
Role President (American Gypsum)
Type Security Shares Price Value
Grant/Award Common Stock 900 $0.00 --
Holdings After Transaction: Common Stock — 13,111 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock vested 900 shares Performance-based restricted shares earned on May 11, 2026
Holdings after transaction 13,111 shares Total common stock directly held by Eric Cribbs after vesting
Grant date May 23, 2023 Original grant of 900 restricted shares subject to performance vesting
Vesting determination date May 11, 2026 Date performance criteria were determined to be met
Restriction lapse date May 18, 2026 Scheduled date restrictions on the 900 earned shares will lapse
restricted stock financial
"the reporting person was granted 900 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 the Company's average"
return on equity financial
"performance vesting criteria based on the Company's average three-year return on equity measured"
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.
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*
Cribbs Eric

(Last)(First)(Middle)
5960 BERKSHIRE LN
SUITE 800

(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)
President (American Gypsum)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
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 Stock05/11/2026A900A$0(1)13,111D
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
Explanation of Responses:
1. On May 23, 2023, the reporting person was granted 900 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 900 shares of restricted stock became earned and reportable on such date. The restrictions on the earned shares will lapse on May 18, 2026.
/s/ Scott M. Wilson as Attorney-in-Fact for Eric Cribbs05/13/2026
** 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 Eric Cribbs report in this Form 4 transaction?

Eric Cribbs reported the acquisition of 900 shares of Eagle Materials common stock. These shares resulted from a restricted stock grant that vested after performance goals tied to three-year average return on equity were met, increasing his direct holdings to 13,111 shares.

How many EXP shares does Eric Cribbs hold after this Form 4 event?

After the vesting event, Eric Cribbs directly holds 13,111 shares of Eagle Materials common stock. This total includes the 900 restricted shares that became earned once the company confirmed performance criteria based on average three-year return on equity through fiscal 2026 were satisfied.

What performance conditions applied to Eric Cribbs’ 900 EXP restricted shares?

The 900 restricted shares were subject to performance vesting criteria based on Eagle Materials’ average three-year return on equity. This performance period runs through the end of fiscal 2026, and on May 11, 2026 the company determined that the criteria had been achieved, causing the shares to vest.

When were Eric Cribbs’ EXP restricted shares granted and when did they vest?

Eric Cribbs was granted 900 restricted shares on May 23, 2023. Those shares became earned on May 11, 2026, when the company determined that the performance vesting criteria were met, making the award reportable as an acquisition of common stock at that time.

When do restrictions lapse on Eric Cribbs’ 900 EXP restricted shares?

The restrictions on the 900 earned restricted shares will lapse on May 18, 2026. Until that date the shares remain subject to restrictions, even though the performance-based vesting condition tied to Eagle Materials’ average three-year return on equity has already been satisfied.