Kesler Dale Craig sold EXP
March 31, 2024 · Form 4 insider transaction
Kesler Dale Craig sold 2,831 shares of Eagle Materials Inc. at $271.75 per share, a transaction worth $769.3K. 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.; 2,831 shares were withheld by the issuer to satisfy income tax withholding requirements related to the lapsing of restrictions on (a) 1,300 shares of restricted stock awarded to the reporting person on 5/23/23 (Form 4 filed 5/25/23); (b) 1,635 shares of restricted stock awarded to the reporting person on 5/19/22 (Form 4s filed 5/23/22 and 5/10/23); (c) 1,975 shares of restricted stock awarded to the reporting person on 5/19/21 (Form 4s filed 5/21/21 and 5/10/22); and (d) 2,283 shares of restricted stock awarded to the reporting person on 5/19/20 (Form 4s filed 5/21/20 and 5/10/21). 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 2,831 shares to reflect this tax withholding.