Form 4: Eagle Materials CEO Receives Dividend Equivalent Units
Statement of Changes in Beneficial Ownership
CEO Michael Haack acquired additional restricted stock units via dividend equivalents on April 13, 2026.
Summary
- Michael Haack, President and CEO of Eagle Materials Inc., acquired 4.9306 and 13.0865 Restricted Stock Units (RSUs) on April 13, 2026.
- These acquisitions represent dividend equivalent units (DEUs) accrued from cash dividends paid on the company's common stock.
- The total beneficial ownership of RSUs following these transactions is 3,985.4943 and 10,578.056 respectively.
- The acquisition price for these units is $0, as they are granted as part of existing equity compensation plans.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing with no impact on the company's fundamental outlook.
Positives
- Reflects ongoing alignment of executive interests with shareholders through equity-based compensation.
- Demonstrates the company's commitment to paying dividends to shareholders, which triggers these DEU accruals.
Negatives
- None identified; this is a routine administrative filing related to dividend reinvestment.
Risks
- None identified; this filing pertains to standard executive compensation adjustments.
Future Outlook
No forward-looking guidance provided in this filing.
Management Comments
- No direct management commentary provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive compensation and does not signal a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The practice of granting dividend equivalent units is standard corporate governance for S&P 500 and mid-cap industrial companies to ensure executives are treated similarly to shareholders regarding dividend distributions.
Stakeholder Impact
- Minimal impact; confirms executive participation in dividend programs.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 04/13/2026 | Date of the transaction involving the acquisition of dividend equivalent units. |
| 04/15/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Eagle Materials, EXP, Form 4, Insider Trading, Dividend Equivalent Units, Executive Compensation
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