Haack Michael

Haack Michael, President and CEO, has demonstrated a clear pattern of selling activity in shares of Eagle Materials Inc. (EXP), as evidenced by SEC Form 4 filings. Over the course of 43 transactions, Michael has sold shares totaling $24,151,511.84, significantly outweighing his purchases, which amount to $5,593,665.27. Notably, his recent trades have been exclusively sales, with three transactions recorded in late 2024. On November 21 and 22, 2024, Michael sold shares valued at $1,746,290.53, $3,628,976.73, and $62,211.50, respectively, while also acquiring shares through market transactions worth $715,776.48 on November 22. These sales align with a broader trend of reducing his holdings in EXP, the sole company in which he has traded. Michael’s transactions in EXP span several years, with notable activity in 2025, including purchases via derivative securities such as options exercises and market acquisitions. For instance, on March 31, 2025, he exercised options valued at $1,743,453.30, and on May 15, 2025, he acquired shares worth $398,548. Despite these periodic acquisitions, the overall trajectory of his trading activity leans heavily toward divestment. This pattern suggests a strategic reduction in his stake in EXP, though the filings provide no explicit rationale for these transactions. Michael’s consistent focus on EXP underscores his significant involvement with the company, even as he reduces his equity position over time.