Form 4: Eagle Materials Inc. Director Michael R. Nicolais Reports Dividend Equivalent Restricted Stock Units Acquisition
SEC Form 4
Director Michael R. Nicolais reports the acquisition of dividend equivalent Restricted Stock Units (DEUs) related to previously disclosed RSU awards.
Summary
- On October 17, 2024, Michael R. Nicolais, a director of Eagle Materials Inc., acquired 3.2739 dividend equivalent Restricted Stock Units (DEUs).
- These DEUs are related to cash dividends paid by the issuer on its Common Stock and are associated with underlying RSU awards disclosed in previous Form 4 filings from 2004, 2005, and 2006.
- Following the transaction, Nicolais directly owns 3,969.1943 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and dividend equivalents, common in publicly traded companies. It doesn't necessarily indicate a significant shift in the company's performance or strategy.
Stakeholder Impact
- The acquisition of dividend equivalent Restricted Stock Units has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| July 28, 2004 | Date of a previous Form 4 filing disclosing underlying RSU awards. |
| August 9, 2005 | Date of a previous Form 4 filing disclosing underlying RSU awards. |
| July 31, 2006 | Date of a previous Form 4 filing disclosing underlying RSU awards. |
| 10/17/2024 | Date of the transaction: acquisition of dividend equivalent Restricted Stock Units. |
| 10/21/2024 | Date of signature on the Form 4 filing. |
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