secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE MATERIALS INC (EXP)
CIK:        0000918646
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001193125-24-151859
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Materials awards $8.95M in PSUs/RSUs to top five officers
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- CEO Haack granted $5.65M target equity: 11,857 PSUs + 11,857 RSUs (max 23,714 PSUs).
- CFO Kesler awarded $1.35M target: 2,833 PSUs + 2,833 RSUs (max 5,666 PSUs).
- Other NEOs Newby ($850K), Cribbs ($650K), Thompson ($450K) receive matching PSU/RSU grants.
- PSUs vest based on 3-yr avg ROE and absolute TSR; threshold 50% payout, max 200%.
- RSUs vest ratably over three annual installments starting May 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918646/000119312524151859/0001193125-24-151859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918646/000119312524151859/d841112d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-151859

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer