Eagle Materials CEO shares withheld for tax on vesting
EAGLE MATERIALS INC President and CEO Michael Haack reported a tax-related share disposition tied to restricted stock vesting.
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Rhea-AI Filing Summary
EAGLE MATERIALS INC President and CEO Michael Haack reported a tax-related share disposition tied to restricted stock vesting. On May 18, 2026, 3,399 shares of Common Stock were withheld by the company at $194.66 per share to cover income tax withholding requirements.
The withholding related to the lapsing of restrictions on 8,636 shares of restricted stock originally awarded on May 23, 2023. After this adjustment, Haack directly holds 85,816 shares of Eagle Materials common stock. This was a compensation- and tax-driven event rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,399 | $194.66 | $662K |
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. 3,399 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on 8,636 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 3,399 shares to reflect this tax withholding.
Key Figures
Key Terms
2023 Equity Incentive Plan financial
restricted stock financial
income tax withholding requirements financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Eagle Materials (EXP) CEO Michael Haack report?
Was the Eagle Materials (EXP) CEO’s Form 4 transaction an open-market sale?
What award caused the tax withholding in Eagle Materials (EXP) CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.