Thompson Tony sold EXP
March 31, 2024 · Form 4 insider transaction
Thompson Tony sold 1,426 shares of Eagle Materials Inc. at $271.75 per share, a transaction worth $387.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
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.; 1,426 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 450 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 4 filed 5/25/23); (b) 735 shares of restricted stock awarded to the reporting person on 5/19/22 (Form 3 filed 8/15/22 and Form 4 filed 5/10/23); (c) 889 shares of restricted stock awarded to the reporting person on 5/19/21 (Form 3 filed 8/15/22); (d) 1,541 shares of restricted stock awarded to the reporting person on 5/19/20 (Form 3 filed 8/15/22). Because the reporting person's restricted holdings have been included in the direct ownership of Common Stock disclosed by the reporting person, the reporting person's direct ownership of Common Stock has been reduced by 1,426 shares to reflect this tax withholding.