Eagle Materials (NYSE: EXP) CEO receives dividend-equivalent RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haack Michael reported acquisition or exercise transactions in this Form 4 filing.
Eagle Materials Inc. President and CEO Michael Haack received small dividend-equivalent equity awards. On April 13, 2026, he was granted 4.9306 Restricted Stock Units and 13.0865 Restricted Stock Units, each representing the right to receive an equal number of shares of common stock.
The awards are described as dividend equivalent Restricted Stock Units accrued in connection with cash dividends paid on the company’s common stock, tied to prior RSU awards reported in earlier Form 4 filings. These are compensation-related accruals, not open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haack Michael
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4.931 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 13.087 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,985.494 shares (Direct)
Footnotes (1)
- Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection with a cash dividend paid by 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. Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection with a cash dividend paid by Issuer on its Common Stock. The underlying RSU award to which the DEUs relate was disclosed in a Form 4 filed on May 27, 2025.
Key Figures
RSU grant 1: 4.9306 RSUs
RSU grant 2: 13.0865 RSUs
RSU holding line 1: 3,985.4943 RSUs
+2 more
5 metrics
RSU grant 1
4.9306 RSUs
Dividend-equivalent RSUs granted April 13, 2026
RSU grant 2
13.0865 RSUs
Dividend-equivalent RSUs granted April 13, 2026
RSU holding line 1
3,985.4943 RSUs
Total units following transaction for one award line
RSU holding line 2
10,578.0560 RSUs
Total units following transaction for another award line
Exercise price
$0.0000 per unit
Conversion or exercise price for the reported RSUs
Key Terms
Restricted Stock Units, dividend equivalent Restricted Stock Units (DEUs), cash dividend, Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent Restricted Stock Units (DEUs) financial
"Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection"
cash dividend financial
"accrued in connection with a cash dividend paid by Issuer on its Common Stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
Common Stock financial
"cash dividend paid by Issuer on its Common Stock. The underlying RSU award"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"underlying RSU award to which the DEUs relate was disclosed in a Form 4 filed"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Eagle Materials (EXP) report for Michael Haack?
Michael Haack received small dividend-equivalent Restricted Stock Unit awards, not open-market trades. On April 13, 2026, he was granted 4.9306 RSUs and 13.0865 RSUs tied to existing equity awards and cash dividends on Eagle Materials’ common stock.
What are dividend equivalent Restricted Stock Units (DEUs) for Eagle Materials (EXP)?
Dividend equivalent Restricted Stock Units are additional RSUs credited when the company pays cash dividends on its common stock. For Eagle Materials, these DEUs mirror the value of dividends on underlying RSU awards, increasing the CEO’s equity-based compensation position over time.
How many Restricted Stock Units does Michael Haack hold after these EXP grants?
After the April 13, 2026 grants, one RSU holding line shows 3,985.4943 units and another shows 10,578.0560 units. Each Restricted Stock Unit represents the right to receive one share of Eagle Materials common stock, subject to the original award terms.
Do these Eagle Materials (EXP) RSU grants indicate a trading plan or tax withholding?
The reported transactions are classified as grant or award acquisitions of dividend-equivalent RSUs. Footnotes link them to cash dividends on common stock and prior RSU awards, rather than to a trading plan, option exercises, or tax-withholding dispositions.