Form 4: Eagle Materials EVP and CFO Accrues Additional Restricted Stock Units
Insider Transaction Report
Dale Craig Kesler, EVP and CFO of Eagle Materials Inc., accrued additional dividend equivalent Restricted Stock Units (DEUs) on July 14, 2025, linked to cash dividends.
Summary
- Dale Craig Kesler, Executive Vice President and Chief Financial Officer of Eagle Materials Inc. (EXP), reported the acquisition of additional Restricted Stock Units (RSUs).
- On July 14, 2025, Kesler accrued 2.1481 dividend equivalent Restricted Stock Units (DEUs) in connection with a cash dividend paid by Eagle Materials. The underlying RSU award was previously disclosed in a Form 4 filed on May 29, 2024.
- On the same date, July 14, 2025, Kesler accrued an additional 2.7856 dividend equivalent Restricted Stock Units (DEUs) related to another cash dividend. The underlying RSU award for this was disclosed in a Form 4 filed on May 27, 2025.
- Following these transactions, Kesler's direct beneficial ownership of Restricted Stock Units increased to 1,897.6084 and 2,460.7856 units, respectively.
Sentiment
Score: 7
Explanation: The accrual of dividend equivalent units is a routine, positive event for the executive, reflecting ongoing compensation and dividend payments by the company. It indicates alignment of executive interests with shareholders.
Positives
- The accrual of dividend equivalent Restricted Stock Units (DEUs) indicates that Eagle Materials Inc. is paying cash dividends, which is generally a positive sign of financial health and commitment to shareholder returns.
- The increase in RSU holdings for a key executive like the EVP and CFO further aligns their long-term financial interests with those of the company's shareholders.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The accrual of dividend equivalent units by a key executive like the EVP and CFO aligns their financial interests with those of shareholders, as the value of these units is directly tied to the company's stock performance and dividend policy.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Disclosure date of the underlying RSU award related to the first DEU accrual. |
| 05/27/2025 | Disclosure date of the underlying RSU award related to the second DEU accrual. |
| 07/14/2025 | Date of transaction for the acquisition of dividend equivalent Restricted Stock Units. |
| 07/16/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Eagle Materials Inc., EXP, SEC Form 4, Restricted Stock Units, RSU, Dividend Equivalent Units, DEU, Executive Compensation, Insider Transaction, Dale Craig Kesler, Corporate Governance
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