Form 4: Eagle Materials Inc. Executive William R. Devlin Reports Acquisition of Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
William R. Devlin, SVP, Controller 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, William R. Devlin, SVP, Controller of Eagle Materials Inc., reported a transaction on SEC Form 4.
- The transaction involved the acquisition of 1.044 dividend equivalent restricted stock units (DEUs) related to a cash dividend paid by the Issuer on its Common Stock.
- These DEUs are connected to an underlying RSU award that was previously disclosed in a Form 4 filed on May 29, 2024.
- Following the reported transaction, Mr. Devlin directly owns 948.8228 shares of Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine disclosure of an insider transaction related to dividend equivalents.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalent units, which is a common practice in executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of dividend equivalent units.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Date of previous Form 4 filing disclosing the underlying RSU award. |
| April 14, 2025 | Date of the reported transaction: acquisition of dividend equivalent restricted stock units. |
Keywords
Form 4, Eagle Materials Inc, EXP, William R. Devlin, SVP, Controller, Dividend Equivalent Restricted Stock Units, DEUs, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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