Cribbs Eric

Cribbs Eric, president of American Gypsum, has filed 43 Form 4 transactions with the SEC, all tied to a single issuer: Eagle Materials Inc. (EXP). The pattern is unambiguous: zero open-market purchases and zero acquisitions of shares, against $2,134,225 in total sell-side activity. The most recent filings, spanning July 2026 back through May 2025, show no "P" (purchase) or "S" (open-market sale) codes at all. Instead, the activity is dominated by "A" (compensation grants), "M" (option exercises), and "F" (shares withheld to cover taxes) — mechanical events that accompany equity compensation rather than discretionary trading. The dollar flows in the recent window illustrate this. On May 22, 2026, Cribbs exercised options valued at $117,287.57, with $46,198.16 simultaneously withheld to cover tax obligations. A similar pairing occurred on March 31, 2026, with an $83,308.50 exercise offset by $108,537 in tax withholding, plus an additional $33,759 withheld. The May 18, 2026 filing shows a $69,104.30 tax withholding, and May 24, 2025 shows a $97,967.09 exercise paired with $38,586.60 withheld. These are standard vesting-and-settle mechanics, not directional bets. The absence of any "S" code in the recent record is notable. Cribbs has not executed a single open-market sale in the period covered, and his total sell value derives entirely from the automatic "F" transactions. The compensation grants carry no dollar value, and the option exercises are offset by the tax withholdings. The net effect is a flat-to-slightly-negative share balance, with no evidence of conviction buying or deliberate selling. For investors tracking insider sentiment, the takeaway is that Cribbs' Form 4 history reflects routine equity compensation administration rather than a signal about Eagle Materials' prospects.