Form 4: Eagle Materials Senior VP Alex Haddock Reports Acquisition of Dividend Equivalent Restricted Stock Units

Eagle Materials Inc. Senior Vice President Alex Haddock reported the acquisition of additional Restricted Stock Units through dividend equivalents on July 14, 2025.

Summary

• Alex Haddock, Senior Vice President of Eagle Materials Inc. (EXP), reported changes in beneficial ownership.
• On July 14, 2025, Haddock acquired 0.716 Restricted Stock Units (RSUs) as dividend equivalents (DEUs). These DEUs relate to an RSU award previously disclosed on May 29, 2024.
• Additionally, on the same date, Haddock acquired 1.1945 Restricted Stock Units (RSUs) as dividend equivalents (DEUs), related to an RSU award disclosed on May 27, 2025.
• The acquisition price for these units was $0, as they represent accrued dividend equivalents.
• Following these transactions, Haddock directly beneficially owns 632.5388 Restricted Stock Units (related to the first award) and 1,055.1945 Restricted Stock Units (related to the second award).

Sentiment

Score: 6

Explanation: The filing reports a routine accrual of dividend equivalent units, which is a neutral to slightly positive event as it indicates continued equity participation by an insider, but it does not signal significant new developments.

Positives

• The acquisition of dividend equivalent Restricted Stock Units indicates the reporting person's continued participation in the company's equity incentive plan and accrual of benefits.

Negatives

• No negative information was reported in this filing.

Risks

• No specific risks were mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing, reporting the accrual of dividend equivalent Restricted Stock Units by a Senior Vice President, is a routine insider transaction disclosure and does not provide broader insights into industry trends or competitive dynamics within the building materials sector where Eagle Materials operates.

Comparison to Industry Standards

• This Form 4 filing is a standard regulatory disclosure of an insider's equity holdings and does not contain information that allows for a direct comparison to industry-specific financial or operational benchmarks. It simply reports the accrual of dividend equivalents on existing equity awards, a common practice in executive compensation across various industries.

Stakeholder Impact

• The transaction primarily impacts the equity holdings of Alex Haddock, the Senior Vice President, by increasing their beneficial ownership of Restricted Stock Units.

Next Steps

• No specific future actions, events, or milestones were mentioned in this routine insider transaction report.

Key Dates

Keywords

Eagle Materials Inc., EXP, Alex Haddock, Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, Dividend Equivalents, Beneficial Ownership