Form 4: Eagle Materials Inc. Executive Matt Newby Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
EVP & General Counsel of Eagle Materials Inc., Matt Newby, reports the acquisition of dividend equivalent Restricted Stock Units (DEUs) related to a previously disclosed RSU award.
Summary
- On April 14, 2025, Matt Newby, EVP & General Counsel of Eagle Materials Inc., acquired 1,971 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 reported transaction, Mr. Newby directly owns 1,791.2168 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding insider transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of Form 4 filing disclosing the underlying RSU award. |
| April 14, 2025 | Date of transaction: acquisition of dividend equivalent Restricted Stock Units (DEUs). |
| April 16, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Eagle Materials Inc, EXP, Matt Newby, Restricted Stock Units, Dividend Equivalent Units, DEUs, Beneficial Ownership, Insider Trading
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