Form 4: Eagle Materials Inc. Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Tony Thompson, Senior Vice President 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, Tony Thompson, a Senior Vice President at Eagle Materials Inc. (EXP), acquired dividend equivalent restricted stock units (DEUs).
- The DEUs were accrued in connection with 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 the transaction, Thompson directly owns 946.7904 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an executive's compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation and does not significantly alter the company's financial position.
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 (DEUs). |
| October 21, 2024 | Date of signature on the Form 4 filing. |
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