EXP EAGLE MATERIALS INC Insider Trading

Director Rush buys 1,000 EXP shares at $208.08; stock down 34.4% from 52-week high, holdings increase 31.5%

Director David E Rush purchased 1,000 shares of Eagle Materials at $208.08 on 2025-11-05, expanding his holdings from 3,173 to 4,173 shares (+31.5% increase). The transaction occurs while the stock trades at $206.96, which is -34.4% from its 52-week high of $315.29 and down 13.3% over the preceding 30 days. His prior buy at EXP on 2025-05-22 generated +5.9% over 90 days, representing his only same-ticker transaction on record. The company shows solid fundamentals with $137.4M in net income on $638.9M quarterly revenue (P/E of 14.86) and a $6.6B market cap, though annual revenue growth is flat at +0.0%. This purchase represents a discretionary addition to his position at a depressed price level relative to recent range, though the broader 30- and 90-day momentum remain negative.

Director Rush David E bought 1,000 shares of EXP at $213.66 on 2025-05-22, doubling holdings to 2,000 shares

Director Rush David E purchased 1,000 shares of Eagle Materials at $213.66, expanding his stake from 1,000 to 2,000 shares in an open-market transaction. The stock is currently trading at $214.37, near the purchase price, and has declined 32.0% from its 52-week high of $315.29. The company reports quarterly revenue of $558.0M and net income of $119.6M with a P/E of 15.25 and flat year-over-year revenue growth (+0.0%). While the purchase represents a significant proportional increase in his personal holdings, his cross-ticker track record shows 1 prior sell with an average 30-day return of -11.6%, offering limited predictive value for this specific transaction's direction or intent.

Director Michael R Nicolais purchased 310 shares at blended $257.36 on 2025-02-10, increasing holdings 9.3% to 3,655 shares.

Michael R Nicolais, a Director at Eagle Materials Inc, executed 2 purchases totaling 310 shares for $79,780.83 on 2025-02-10 at a blended average price of $257.36. The transaction represents a 9.3% increase in his post-transaction holdings of 3,655 shares. The purchases occurred while the stock trades at $246.26 (current price), approximately 21.9% below its 52-week high of $315.29 and down 19.4% over the past 90 days. Eagle Materials trades at a P/E of 17.29 with recent quarterly revenue of $558.0M and net income of $119.6M, reflecting a company with stable fundamentals—annual revenue growth of 5.2% year-over-year—in an industrial/materials sector. This acquisition represents a material accumulation by a director at a multi-billion dollar enterprise during a period of significant price retreat.

CFO Kesler Dale Craig sold 5,000 EXP shares at $310.04 on 2024-11-22 for $1.6M, reducing holdings by 7.6%

Kesler Dale Craig, EVP and CFO, liquidated 5,000 shares (5.0K shares) of Eagle Materials at $310.04, representing a 7.6% reduction in his 65,488-share position. The sale occurred near the stock's 52-week peak of $315.29, and the timing is notable: across his five prior sales at EXP, only one of five was well-timed at the 90-day mark, suggesting inconsistent ability to call tops at this ticker. His broader cross-ticker sell track record shows an average 90-day return of +7.7% post-sale (stock climbed after he sold), indicating his sales have historically preceded gains rather than declines. The company's fundamentals remain solid with $623.6M quarterly revenue, $143.5M net income, and a 21.86 P/E, but the CFO's liquidation at near-peak prices warrants attention to whether management sees valuation pressures ahead.

Eagle Materials CEO Michael Haack sold 32,867 shares for $10.1M across 7 transactions on Nov 21-22; stock near 52-week high.

Michael Haack, President and CEO of Eagle Materials, executed 7 separate sales totaling 32,867 shares for $10,140,918.06 at blended average price $308.54 on November 21–22, 2024, reducing his holdings by 27.7% from 118,678 shares to 85,811 shares. The sales occurred near the stock's 52-week high of $315.29 (current price is at +0.0% from that peak), following a 30-day appreciation of +9.4% and 90-day gain of +23.2%. Haack's five prior sales at this ticker have uniformly exhibited negative 90-day returns (ranging from -11.6% to -12.6%), suggesting a consistent pattern of selling ahead of subsequent weakness; however, all trades were executed in March 2024 and do not necessarily indicate timing efficacy for this November transaction. The sale's magnitude and proximity to the 52-week high warrant observation, particularly given the company's solid fundamentals (P/E 21.86, net income $143.5M on revenue $623.6M) and the material reduction in CEO ownership stake.

Director Richard Ross sold 3,577 shares (76.5% of holdings) in Eagle Materials at $300.30, retaining 1,100 shares.

Richard Ross, a Director at Eagle Materials, executed a substantial open-market sale of 3,577 shares at $300.30 on 2024-11-20, reducing his holding from 4,677 to 1,100 shares and generating $1,074,173.46 in proceeds. The sale represents a 76.5% reduction in his pre-transaction position, occurring at a price level near the 52-week high of $314.35, and follows a 30-day price advance of 9.7% and a 90-day advance of 18.2%. His cross-ticker track record shows limited prior open-market selling activity. The scale of this sale—divesting three-quarters of his position—warrants investor attention as it marks a material change in his ownership stake in a $10.5B market-cap company with solid fundamentals (net income of $143.5M on revenue of $623.6M, P/E of 21.80).

SVP Devlin William R sold 2.3K shares of EXP at $312.45, reducing stake 9.7%; stock near 52-week high.

Devlin William R, SVP and Controller of Eagle Materials, sold 2,304 shares at $312.45 on 2024-11-06, with the stock currently trading at $311.55 near its 52-week high of $312.76. The sale reduced his holdings from 23,820 shares to 21,516 shares (-9.7%). Over his two prior sales at EXP, both occurred after substantial price run-ups (30d returns of +15.7% and +1.3%), yet neither proved well-timed as the stock continued rising at the 90-day mark (+18.1% and +5.0% respectively). The stock's +8.0% gain over the past 30 days and +28.5% over 90 days reflects strong recent momentum, and at a P/E of 21.61, the valuation appears full. This sale occurs in the context of a mature rally and follows a historical pattern of this insider selling into strength rather than weakness, though his timing record at this ticker shows the stock has not declined meaningfully after his prior exits.

EXP President Cribbs sells 1,851 shares for $512,844.60 at avg $277.06; holds 13,937 shares post-sale (-11.7%).

Eric Cribbs, President of American Gypsum at Eagle Materials, executed two separate sales totaling 1,851 shares (1.9K shares) for $512,844.60 at blended average price of $277.06 on 2024-07-31. This represents an -11.7% reduction in his post-transaction holdings to 13,937 shares. The transaction occurred near the 52-week high—at $253.59 current price, the stock is -7.4% from its $273.95 peak, meaning the insider sold close to the high end of recent trading. Examining his prior trade history at EXP, Cribbs has executed 3 prior sells, with only 1 of 3 well-timed at the 90-day mark, and his most recent sale on 2024-03-04 posted a -10.4% 90-day return, suggesting mixed execution timing on this specific ticker. The 30-day change of +16.6% indicates the stock has moved up since the sale, which would mark this as a poorly-timed exit given subsequent price appreciation.

CFO Kesler Dale Craig sold 5,000 EXP shares at $266.76 on 2024-07-31; stock down 7.4% from 52-week high.

Kesler Dale Craig, EVP and CFO, sold 5,000 shares (5.0K shares) valued at $1,333,800.00 ($1.3M), reducing his holdings by 7.6% from 65,488 to 60,488 shares. The sale occurred at $266.76, near the company's 52-week high of $273.95, though the stock has since declined 7.4% from that peak and currently trades at $253.59. Eagle Materials' fundamentals remain solid with $608.7M in latest-quarter revenue and net income of $133.8M, paired with a 17.38 P/E ratio. In the context of his same-ticker history at EXP—three of four prior sales showed positive 90-day returns, with only one well-timed at the 90-day mark—the timing of this sale near the high merit observation, though his cross-ticker track record shows modest timing accuracy (25% well-timed rate across all tickers with average 90-day returns of 8.1% post-sale).