Dividend RSUs boost Eagle Materials (NYSE: EXP) executive awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cribbs Eric reported acquisition or exercise transactions in this Form 4 filing.
Eagle Materials executive Eric Cribbs, President of American Gypsum, reported routine compensation-related grants of dividend equivalent Restricted Stock Units (RSUs). He accrued 0.5654 and 2.1821 RSUs tied to cash dividends on prior awards, bringing those RSU award balances to 457.0267 and 1763.8463 units, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cribbs Eric
Role
President (American Gypsum)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 0.565 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2.182 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 457.027 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
Dividend RSU grant 1: 0.5654 RSUs
Dividend RSU grant 2: 2.1821 RSUs
RSU balance for first award: 457.0267 RSUs
+3 more
6 metrics
Dividend RSU grant 1
0.5654 RSUs
Dividend equivalent RSUs accrued on <date>2026-04-13</date>
Dividend RSU grant 2
2.1821 RSUs
Dividend equivalent RSUs accrued on <date>2026-04-13</date>
RSU balance for first award
457.0267 RSUs
Total Restricted Stock Units following transaction
RSU balance for second award
1763.8463 RSUs
Total Restricted Stock Units following transaction
Derivative transactions
2 entries
Both coded A as grant or award acquisitions
Net buy/sell direction
neutral
No open-market buys or sells reported
Key Terms
Restricted Stock Units, dividend equivalent Restricted Stock Units (DEUs), derivative, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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"
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"disclosed in a Form 4 filed on May 29, 2024"
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 did Eagle Materials (EXP) executive Eric Cribbs report in this Form 4?
Eric Cribbs reported routine compensation-related grants of dividend equivalent Restricted Stock Units. He accrued 0.5654 and 2.1821 RSUs connected to cash dividends on existing awards, modestly increasing his RSU balances associated with prior grants disclosed in earlier Form 4 filings.
How many Restricted Stock Units did Eric Cribbs acquire in the latest Eagle Materials (EXP) filing?
Eric Cribbs acquired 0.5654 and 2.1821 dividend equivalent Restricted Stock Units. These RSUs were added to existing awards following a cash dividend on Eagle Materials common stock, slightly increasing his deferred share-based compensation without involving any open-market stock purchases or sales.
What are dividend equivalent Restricted Stock Units (DEUs) in the Eagle Materials (EXP) Form 4?
Dividend equivalent RSUs are additional units credited when a company pays cash dividends on its common stock. For Eric Cribbs, the filing states these DEUs accrued in connection with a cash dividend, increasing the size of his underlying RSU awards without immediate cash transactions.
How did these RSU accruals affect Eric Cribbs’ RSU balances at Eagle Materials (EXP)?
The DEU grants increased two existing RSU award balances to 457.0267 and 1763.8463 units. Each small dividend equivalent accrual builds on previously granted RSUs, gradually raising the number of shares that may ultimately convert into common stock for the executive.
Were Eric Cribbs’ Eagle Materials (EXP) RSU transactions open-market buys or sells?
No, the transactions were not open-market trades. The Form 4 classifies them as grant or award acquisitions of derivative securities, specifically dividend equivalent Restricted Stock Units credited because Eagle Materials paid a cash dividend on its common stock linked to prior RSU awards.