Form 4: Eagle Materials Inc. Executive Tony Thompson Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Senior Vice President Tony Thompson of Eagle Materials Inc. reports acquiring dividend equivalent Restricted Stock Units (DEUs) related to a previously disclosed RSU award.
Summary
- On July 15, 2024, Tony Thompson, Senior Vice President of Eagle Materials Inc., reported the acquisition of 1.0133 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, Thompson directly owns 946.0133 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, and does not contain information that would significantly impact investor sentiment.
Industry Context
Executive compensation through stock-based awards is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on the executive's holdings, aligning their interests with shareholders.
- The transaction has no material impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of Form 4 filing disclosing the underlying RSU award. |
| July 15, 2024 | Date of transaction: acquisition of dividend equivalent Restricted Stock Units. |
| July 17, 2024 | Date of signature on the Form 4 filing. |
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