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NYSE: EXP EAGLE MATERIALS INC 8-K

Eagle Materials grants $6M equity package to CEO, ties exec pay to ROE and stock returns

Filed May 28, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

  • medium

    CEO Michael Haack received $6 million in equity awards (mix of stock options and restricted units), with performance awards potentially doubling to $12M if the company hits maximum ROE and total shareholder return targets through 2029.

  • medium

    Performance vesting tied to three-year average return on equity through fiscal 2029, adjusted by total shareholder return. Executives earn 50% of target at threshold, up to 200% at maximum performance.

  • low

    Stock options priced at $199.13 (May 21 closing price) with 10-year term. Time-vesting awards vest in three equal installments through March 2029, contingent on continued employment.

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Source-verified from EDGAR · Narrative written by AI · May 28, 2026 · How we verify