EXP.NYSEEagle Materials INC

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

Sentiment:

SEC Form 4 Filing

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William R. Devlin, SVP, Controller of Eagle Materials Inc., reports the acquisition of dividend equivalent restricted stock units related to a previously disclosed RSU award.

Summary

  • On January 13, 2025, William R. Devlin, SVP, Controller of Eagle Materials Inc., reported the acquisition of 0.9884 dividend equivalent restricted stock units (DEUs).
  • These DEUs are related to a cash dividend paid by Eagle Materials Inc. 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, Mr. Devlin directly owns 947.7788 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. There are no indications of positive or negative implications for the company's performance.

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 direct impact on stakeholders as it is related to executive compensation and dividend equivalents.

Key Dates

DateDescription
May 29, 2024Date of Form 4 filing disclosing the underlying RSU award.
January 13, 2025Date of transaction: Acquisition of dividend equivalent restricted stock units.
January 15, 2025Date of signature on the Form 4 filing.

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