Form 4: Eagle Materials Inc. Executive Alex Haddock Reports Dividend Equivalent Restricted Stock Units Acquisition

Sentiment:

SEC Form 4 Filing


Senior Vice President Alex Haddock of Eagle Materials Inc. reports the acquisition of dividend equivalent restricted stock units (DEUs) related to a previously disclosed RSU award.

Summary

  • On October 21, 2024, Alex Haddock, Senior Vice President of Eagle Materials Inc., filed a Form 4 with the SEC.
  • The filing reports the acquisition of 0.7771 dividend equivalent restricted stock units (DEUs) on October 17, 2024.
  • These DEUs are accrued in connection with 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 3 filed on August 7, 2024.
  • Following the transaction, Haddock directly owns 946.7904 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing regarding executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and dividend accruals, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it relates to executive compensation and dividend accruals.

Key Dates

DateDescription
August 7, 2024Date of Form 3 filing disclosing the underlying RSU award.
October 17, 2024Date of transaction: Acquisition of dividend equivalent restricted stock units.
October 21, 2024Date of Form 4 filing.

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