Eagle Materials CFO reports tax withholding on shares
EAGLE MATERIALS INC Executive Vice President and CFO Dale Craig Kesler reported routine share updates related to compensation and tax withholding.
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Form Type
4
Rhea-AI Filing Summary
EAGLE MATERIALS INC Executive Vice President and CFO Dale Craig Kesler reported routine share updates related to compensation and tax withholding. On May 18, 2026, 921 shares of common stock were withheld by the issuer at $194.66 per share to satisfy income tax obligations tied to previously awarded restricted stock.
After this tax-withholding disposition, Kesler directly holds 56,079 shares of common stock and indirectly holds 442 shares through his IRA. The filing reflects administrative adjustments from the issuer’s 2023 Equity Incentive Plan rather than open-market buying or selling.
Insider Trade Summary
Exercise Price or Tax Liability: 921 shares
Exercise Price or Tax Liability
2 txns
Insider
Kesler Dale Craig
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 921 | $194.66 | $179K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,079 shares (Direct);
Common Stock — 442 shares (Indirect, By Reporting Person's IRA)
Footnotes (2)
- F1. 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.
- F2. 921 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 2,339 shares of restricted stock awarded to the reporting person on May 23, 2023 (Form 4 filed on 5/13/2026). Because the reporting person's restricted stock holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 921 shares to reflect this tax withholding.
Key Figures
Tax-withheld shares: 921 shares
Withholding price: $194.66 per share
Direct holdings after transaction: 56,079 shares
+2 more
5 metrics
Tax-withheld shares
921 shares
Common stock withheld to satisfy income tax withholding requirements
Withholding price
$194.66 per share
Closing price per share on previous trading day under 2023 Equity Incentive Plan
Direct holdings after transaction
56,079 shares
Common stock directly owned following tax-withholding disposition
Indirect IRA holdings
442 shares
Common stock held indirectly through reporting person’s IRA
Vesting-related restricted stock
2,339 shares
Restricted stock award dated May 23, 2023 that triggered tax withholding
Key Terms
Equity Incentive Plan, restricted stock, income tax withholding requirements, IRA
4 terms
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.
restricted stock financial
"related to the lapsing of restrictions on 2,339 shares of restricted stock awarded to the reporting person..."
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.
income tax withholding requirements financial
"921 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions..."
IRA financial
"total_shares_following_transaction 442.0000 ... nature_of_ownership By Reporting Person'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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Eagle Materials (EXP) CFO Dale Kesler report in this Form 4?
Eagle Materials CFO Dale Kesler reported a tax-related share withholding and updated holdings. The issuer withheld 921 common shares to cover income taxes on vesting restricted stock, leaving him with 56,079 directly held shares plus 442 shares held indirectly through his IRA.
Was there an open-market stock sale by Eagle Materials (EXP) CFO in this filing?
No open-market sale occurred in this filing. The 921-share disposition was a tax-withholding transaction, where the issuer retained shares to satisfy income tax obligations from restricted stock vesting, a common administrative step under equity incentive plans rather than a discretionary market sale.
How does the Eagle Materials (EXP) 2023 Equity Incentive Plan affect this Form 4?
The 2023 Equity Incentive Plan governs the restricted stock grant and its vesting price reference. The footnotes state the withholding price reflects the prior trading day’s closing price, and that the 921 withheld shares are tied to restricted stock whose holdings had been included in the CFO’s reported ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
