Form 4: Eagle Materials Inc. EVP and CFO Reports Acquisition of Restricted Stock Units

D. Craig Kesler, EVP and CFO of Eagle Materials Inc., reports the acquisition of dividend equivalent Restricted Stock Units (DEUs) related to a previously disclosed RSU award.

Summary

• On October 17, 2024, D. Craig Kesler, the EVP and CFO of Eagle Materials Inc. (EXP), acquired 2.3296 dividend equivalent Restricted Stock Units (DEUs).
• These DEUs are related to a cash dividend paid by the Issuer on its Common Stock.
• The underlying RSU award to which the DEUs relate was disclosed in a Form 4 filed on May 29, 2024.
• Following this transaction, Kesler directly owns 2,838.3673 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing the acquisition of dividend equivalent units by a company executive. It doesn't contain any information that would significantly impact the company's valuation or investor sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the acquisition of dividend equivalent units, which is a common practice to ensure that holders of restricted stock units are treated similarly to common stockholders with respect to dividends.

Key Dates