Form 4: Eagle Materials Inc. Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
EVP and CFO of Eagle Materials Inc., D. Craig Kesler, reports acquisition of dividend equivalent restricted stock units.
Summary
- On April 14, 2025, D. Craig Kesler, EVP and CFO of Eagle Materials Inc., acquired 3.1299 dividend equivalent restricted stock units (DEUs).
- These DEUs are related to a previous RSU award disclosed in a Form 4 filed on May 29, 2024.
- Following the transaction, Kesler directly owns 2,844.4603 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's acquisition of dividend equivalent units. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency into the holdings of company executives. It is standard practice for officers of publicly traded companies to report changes in their beneficial ownership of company securities.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the routine accrual of dividend equivalent units to an executive's existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of previous Form 4 filing disclosing the underlying RSU award. |
| April 14, 2025 | Date of transaction: acquisition of dividend equivalent restricted stock units. |
| April 16, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, dividend equivalent units, restricted stock units, Eagle Materials Inc., D. Craig Kesler, DEUs, RSUs
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