Michael Haack - Jun 16, 2023 Form 4 Insider Report for EAGLE MATERIALS INC (EXP)

Signature
/s/ Scott M. Wilson as Attorney-in-Fact for Michael R. Haack
Stock symbol
EXP
Transactions as of
Jun 16, 2023
Transactions value $
-$852,487
Form type
4
Date filed
6/16/2023, 08:08 PM
Previous filing
May 26, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXP Common Stock Sale -$852K -5K -4.58% $170.50 104K Jun 16, 2023 Direct F1, F2
* 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 February 17, 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 $171.00 to $171.66. 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.