Eagle Materials (EXP) SVP restricted stock vests after three-year ROE test
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haddock Alex reported acquisition or exercise transactions in this Form 4 filing.
Eagle Materials Senior Vice President Alex Haddock reported the vesting of a performance-based restricted stock award. On May 11, 2026, 720 shares of restricted stock were earned after the company met performance vesting criteria tied to its average three-year return on equity measured at the end of fiscal 2026.
These shares were originally granted on May 23, 2023, and became reportable once the performance goals were achieved. The restrictions on the earned shares are scheduled to lapse on May 18, 2026. Following this vesting event, Haddock directly holds 3,907 shares of Eagle Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haddock Alex
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 720 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,907 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares vested: 720 shares
Shares held after transaction: 3,907 shares
Grant date of restricted stock: May 23, 2023
+2 more
5 metrics
Restricted shares vested
720 shares
Performance-based restricted stock earned on May 11, 2026
Shares held after transaction
3,907 shares
Total direct Eagle Materials common stock held by Haddock after vesting
Grant date of restricted stock
May 23, 2023
Original grant of 720 performance-based restricted shares
Restriction lapse date
May 18, 2026
Scheduled date restrictions lapse on the earned restricted shares
Performance period metric
Three-year return on equity
Average three-year ROE measured at end of fiscal 2026 used for vesting
Key Terms
restricted stock, performance vesting criteria, average three-year return on equity
3 terms
restricted stock financial
"the reporting person was granted 720 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"
average three-year return on equity financial
"based on the Company's average three-year return on equity measured at the end of fiscal 2026"
FAQ
What insider transaction did Eagle Materials (EXP) report for Alex Haddock?
Eagle Materials reported that Senior Vice President Alex Haddock acquired 720 shares of common stock through vesting of restricted stock. The shares were earned after performance goals tied to three-year return on equity were met and increase his direct holdings to 3,907 shares.
Was the Eagle Materials (EXP) insider transaction an open-market buy or a grant?
The transaction was a grant-related acquisition, not an open-market purchase. 720 restricted shares became earned after Eagle Materials met performance vesting criteria, with a reported price of $0.00 per share, indicating compensation rather than a market trade.
What performance criteria triggered Alex Haddock’s restricted stock vesting at Eagle Materials (EXP)?
The vesting was tied to Eagle Materials’ average three-year return on equity measured at the end of fiscal 2026. When this performance vesting criterion was determined to be met on May 11, 2026, 720 restricted shares became earned and reportable.
Does the Eagle Materials (EXP) Form 4 indicate any stock option exercises or sales?
The Form 4 does not report any option exercises or share sales. It shows a single acquisition transaction coded “A,” representing 720 shares of performance-based restricted stock becoming earned, with no derivative positions or dispositions listed in the filing.