Eagle Materials Inc. Announces New Long-Term Incentive Compensation Plan for Executive Officers

Reuters
05-30
<a href="https://laohu8.com/S/EXP">Eagle Materials Inc</a>. Announces New Long-Term Incentive Compensation Plan for Executive Officers

Eagle Materials Inc. has announced new long-term incentive compensation awards for its executives, effective May 22, 2025, under the 2023 Equity Incentive Plan. The plan includes performance-vesting restricted stock units (PSUs), performance-vesting stock options, time-vesting restricted stock units (RSUs), and time-vesting stock options. Key executives, including CEO Michael R. Haack, CFO D. Craig Kesler, and others, received these awards, which are contingent on the company's performance metrics, such as average return on equity and total stockholder return by fiscal 2028. At maximum performance, key executives stand to receive significant equity awards, with Mr. Haack eligible for up to 21,062 PSUs and 16,494 stock options. The plan emphasizes rewarding executives based on the company's financial success over a three-year period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eagle Materials Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-130689), on May 29, 2025, and is solely responsible for the information contained therein.

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