Form 4: Eagle Materials Inc. Executive William R. Devlin Reports Acquisition of Dividend Equivalent Restricted Stock Units

Sentiment:

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

DateDescription
May 29, 2024Date of previous Form 4 filing disclosing the underlying RSU award.
April 14, 2025Date 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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