Form 4: Eagle Materials Inc. Executive Eric Cribbs Reports Acquisition of Dividend Equivalent Restricted Stock Units

Sentiment:

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

DateDescription
May 29, 2024Date of previous Form 4 filing disclosing the underlying RSU award.
April 14, 2025Date of transaction: Acquisition of dividend equivalent Restricted Stock Units.
April 16, 2025Date 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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