Form 4: Eagle Materials Inc. Executive Michael Haack Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Michael Haack, President and CEO of 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, Michael Haack, President and CEO of Eagle Materials Inc., acquired 13.0997 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, Haack directly owns 11,904.965 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a standard executive compensation transaction. There are no indications of positive or negative implications for the company's performance.
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.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of Form 4 filing disclosing the underlying RSU award. |
| 04/14/2025 | Date of transaction: Acquisition of dividend equivalent Restricted Stock Units. |
| 04/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Eagle Materials Inc, Michael Haack, Restricted Stock Units, Dividend Equivalent Units, DEUs, RSU, Insider Trading
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