Form 4: Eagle Materials Inc. Executive Eric Cribbs Reports Acquisition of 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 July 15, 2024, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc. (EXP), acquired 1.4626 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, Mr. Cribbs directly owns 1,365.4626 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to 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.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation and dividend accruals.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of previous Form 4 filing disclosing the underlying RSU award. |
| July 15, 2024 | Date of transaction: Acquisition of dividend equivalent restricted stock units. |
| July 17, 2024 | Date of signature for the Form 4 filing. |
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