Form 4: Eagle Materials Inc. Executive Eric Cribbs Reports Dividend Equivalent Restricted Stock Units Acquisition
SEC Form 4 Filing
Eric Cribbs, President (American Gypsum) at Eagle Materials Inc., reports the acquisition of dividend equivalent restricted stock units.
Summary
- On January 13, 2025, Eric Cribbs, President (American Gypsum) of Eagle Materials Inc., reported the acquisition of 1.4266 dividend equivalent restricted stock units (DEUs).
- These DEUs are related to a cash dividend paid by the issuer on its common stock.
- Following the transaction, Cribbs beneficially owns 1,368.0108 restricted stock units.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of dividend equivalent units) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure related to insider transactions and dividend equivalents, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalents related to existing restricted stock units.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of Form 4 filing disclosing the underlying RSU award to which the DEUs relate. |
| 01/13/2025 | Date of transaction: Acquisition of dividend equivalent restricted stock units. |
| 01/15/2025 | Date of signature for the report. |
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