Form 4: Eagle Materials Inc. Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Eric Cribbs, President (American Gypsum) 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, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc., acquired 1.1216 dividend equivalent restricted stock units (DEUs).
- These DEUs are related to a cash dividend paid by Eagle Materials Inc. 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, Mr. Cribbs directly owns 1,366.5842 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and dividend accruals, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of Form 4 filing disclosing the underlying RSU award. |
| October 17, 2024 | Date of transaction: acquisition of dividend equivalent restricted stock units. |
| October 21, 2024 | Date of signature on the Form 4 filing. |
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