{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-130864","form_type":"8-K","ticker":"EXP","cik":"0000918646","company_name":"EAGLE MATERIALS INC","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.446366+00:00","generated_at":"2026-06-02T23:39:34.116264+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Eagle Materials grants reciprocal put options to buy 50% JV stake at $1.1B","bullets":["Put options exercisable for 15 months if either partner signs a $1B+ cement/slag asset purchase outside JV.","Purchase price for 50% interest is $1.1 billion, subject to working capital and debt adjustments.","JV Texas Lehigh manufactures grey cement in Buda, Texas; current partners are Eagle (50%) and Heidelberg Materials (50%).","No party is currently negotiating an Outside Purchase Agreement; options provide an additional exit mechanism.","If triggered, sale closes concurrently with the outside acquisition under a pre-agreed Interest Purchase Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-130864","json":"https://secwatch.observer/filing/0001193125-24-130864.json","markdown":"https://secwatch.observer/filing/0001193125-24-130864.md","text":"https://secwatch.observer/filing/0001193125-24-130864.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918646/000119312524130864/0001193125-24-130864-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918646/000119312524130864/d803494d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:39:34.116264+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1dba6f05c37f1f91f398747f1a671ac74b906cf7","claim":"EAGLE MATERIALS INC entered into Put Option Agreement with HM Southeast Cement LLC and Heidelberg Materials US, Inc. valued at $1,100,000,000.00 (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, the Company and the TLCC Partners, on the one hand, and HM and HMSC, on the other hand, entered into a Put Option Agreement (the “ Put Option Agreement ”) that provides for the grant of reciprocal put options by the parties with respect to their 50% partnership interests in the Joint Venture.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918646/000119312524130864/0001193125-24-130864-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"collaboration"},{"label":"Counterparty","value":"HM Southeast Cement LLC and Heidelberg Materials US, Inc."},{"label":"Value","value":"$1,100,000,000.00"},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}