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) at Eagle Materials Inc., reports the acquisition of dividend equivalent Restricted Stock Units (DEUs) related to a previously disclosed RSU award.
Summary
- On April 14, 2025, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc., reported acquiring 1.507 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 the transaction, Mr. Cribbs directly owns 1,369.5178 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine compensation adjustments and alignment of executive interests with shareholders through dividend equivalents.
Industry Context
This filing is a routine disclosure related to executive compensation and dividend accruals, common in publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning executive compensation with dividend payouts.
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, Eagle Materials Inc, Eric Cribbs, Restricted Stock Units, Dividend Equivalent Units, Beneficial Ownership, Insider Trading
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