AI brief of an SEC Form 8-K · Eagle Materials (EXP)

Eagle Materials grants long-term equity awards to CEO Haack and other named officers

Neutral Impact 2 of 5 shareholder Written later

Eagle Materials' Compensation Committee approved annual long-term incentive equity awards to a group of officers, including its named executive officers, effective May 22, 2025. Performance awards depend on average return on equity over fiscal 2025 to 2028, adjusted for total stockholder return, while time-vesting awards vest in tranches through March 31, 2028. The filing discloses routine compensation terms rather than a change in leadership or financial results.

Key points

  • Grant date May 22, 2025; stock option exercise price is the closing price of $213.66
  • CEO Michael R. Haack's target equity award value is $6,000,115, with 10,531 PSUs and 8,247 performance-vesting options
  • CFO D. Craig Kesler's target equity award value is $1,400,482
  • Performance awards pay out at 50% of target at threshold and 200% of target at maximum over a three-year period ending fiscal 2028

The filing

CompanyEagle Materials (EXP)
Form8-K, current report
Filed with the SECMay 29, 2025, 4:30 PM ET
Accession number0001193125-25-130689

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 29, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.