Eagle Materials (NYSE: EXP) CEO awarded options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eagle Materials President and CEO Michael Haack reported a set of equity compensation transactions. On May 21, 2026, he received grants of 19,697 non-qualified stock options with a $199.13 exercise price and 7,533 restricted stock units, each RSU representing one share of common stock.
On May 22, 2026, he exercised 3,527 restricted stock units into common stock and had 1,388 shares withheld at a price of $199.13 per share to cover tax obligations. Following these transactions, he directly owns 87,955 shares of common stock, plus 7,051.056 RSUs and the new option grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,527 shares exercised/converted
Mixed
5 txns
Insider
Haack Michael
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,527 | $0.00 | -- |
| Exercise | Common Stock | 3,527 | $199.13 | $702K |
| Tax Withholding | Common Stock | 1,388 | $199.13 | $276K |
| Grant/Award | Restricted Stock Units | 7,533 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 19,697 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,051.056 shares (Direct, null);
Common Stock — 89,343 shares (Direct, null);
Non-Qualified Stock Option (Right to Buy) — 19,697 shares (Direct, null)
Footnotes (1)
- 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. Each restricted stock unit represents a contingent right to receive one share of EXP common stock. The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029. This award will vest ratably on the first anniversary of the date of award; on March 31, 2028; and on March 31, 2029. On May 22, 2025, the reporting person was granted 10,531 restricted stock units. The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments on the first anniverary of the date of award; on March 31, 2027; and on March 31, 2028.
Key Figures
Tax-withheld shares: 1,388 shares at $199.13
RSUs converted: 3,527 shares
Options granted: 19,697 options at $199.13
+3 more
6 metrics
Tax-withheld shares
1,388 shares at $199.13
Shares withheld for tax obligations on May 22, 2026
RSUs converted
3,527 shares
Restricted stock units exercised into common on May 22, 2026
Options granted
19,697 options at $199.13
Non-qualified stock option grant on May 21, 2026, expiring May 21, 2036
RSUs granted
7,533 RSUs
Restricted stock unit grant on May 21, 2026
Common shares held
87,955 shares
Direct common stock holdings after May 22, 2026 transactions
RSUs outstanding
7,051.056 RSUs
Restricted stock units remaining after RSU exercise on May 22, 2026
Key Terms
Restricted Stock Units, Non-Qualified Stock Option, Equity Incentive Plan, dividend equivalent RSUs
4 terms
Restricted Stock Units financial
"The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Qualified Stock Option financial
"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.
Equity Incentive Plan financial
"In accordance with the issuer's 2023 Equity Incentive Plan, this price represents the closing price"
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.
dividend equivalent RSUs financial
"The restricted stock units (and any accrued dividend equivalent RSUs) vest ratably in three installments"
FAQ
What insider transactions did Eagle Materials (EXP) CEO Michael Haack report?
Michael Haack reported equity compensation activity, including option and RSU grants, an RSU conversion into common stock, and shares withheld to cover taxes. These are routine compensation-related entries rather than open-market share purchases or sales.
What new stock options did Eagle Materials (EXP) grant to its CEO?
Michael Haack received 19,697 non-qualified stock options with a $199.13 exercise price, expiring on May 21, 2036. These options give him the right to buy Eagle Materials common stock at that fixed price in the future, subject to the award’s vesting terms.
How many restricted stock units did the Eagle Materials (EXP) CEO receive?
He was granted 7,533 restricted stock units on May 21, 2026. Each RSU represents a contingent right to receive one share of Eagle Materials common stock, vesting in installments according to the company’s equity incentive plan schedule.
How do the Eagle Materials (EXP) CEO’s RSUs vest over time?
The restricted stock units vest in three ratable installments, including on the first anniversary of the award date, then on March 31, 2028, and March 31, 2029. Vesting schedules determine when RSUs convert into Eagle Materials common shares.