Michael Haack - 06 Mar 2024 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Role
President and CEO, Director
Signature
/s/ Scott M. Wilson as Attorney-in-Fact for Michael R. Haack
Issuer symbol
EXP
Transactions as of
06 Mar 2024
Net transactions value
-$5,974,540
Form type
4
Filing time
08 Mar 2024, 17:00:05 UTC
Previous filing
16 Jun 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXP Common Stock Options Exercise $858,844 +8,084 +7.8% $106.24* 112,313 06 Mar 2024 Direct F1
transaction EXP Common Stock Options Exercise $606,443 +6,622 +5.9% $91.58* 118,935 06 Mar 2024 Direct F1
transaction EXP Common Stock Options Exercise $640,511 +6,994 +5.9% $91.58* 125,929 06 Mar 2024 Direct F1
transaction EXP Common Stock Sale $2,864,340 -11,291 -9% $253.68 114,638 06 Mar 2024 Direct F1, F2
transaction EXP Common Stock Sale $1,786,034 -7,012 -6.1% $254.71 107,626 06 Mar 2024 Direct F1, F3
transaction EXP Common Stock Sale $2,481,343 -9,702 -9% $255.76 97,924 06 Mar 2024 Direct F1, F4
transaction EXP Common Stock Sale $858,505 -3,345 -3.4% $256.65 94,579 06 Mar 2024 Direct F1, F5
transaction EXP Common Stock Sale $90,116 -350 -0.37% $257.47 94,229 06 Mar 2024 Direct F1, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXP Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -8,084 -100% $0.000000* 0 06 Mar 2024 Common Stock 8,084 $106.24 Direct F1, F7
transaction EXP Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,622 -100% $0.000000* 0 06 Mar 2024 Common Stock 6,622 $91.58 Direct F1, F7
transaction EXP Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,994 -25% $0.000000 20,979 06 Mar 2024 Common Stock 6,994 $91.58 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2023.
F2 This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $253.17 to $254.16. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F3 This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $254.27 to $255.26. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F4 This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $255.29 to $256.28. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F5 This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $256.305 to $257.25. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F6 This price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions reported on this line range from $257.34 to $257.86. Upon request by the SEC staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares and prices at which transactions were effected.
F7 Shares vest ratably over the four fiscal year-ends (March 31) following the date of grant.
F8 Once earned, shares vest ratably upon certifiction of performance and over the next three fiscal year-ends (March 31).