Dividend RSUs credited to Eagle Materials (NYSE: EXP) EVP & counsel
Rhea-AI Filing Summary
Eagle Materials executive Matt Newby, EVP & General Counsel, reported automatic awards of dividend equivalent restricted stock units tied to a cash dividend on the company’s common stock. On January 12, 2026, he acquired 1.2444 restricted stock units at $0 per unit, bringing that award to 1,197.0657 units held directly. On the same date, he also acquired 1.7396 restricted stock units at $0 per unit under a separate award, increasing that holding to 1,673.3805 units held directly. Both transactions are coded as acquisitions of derivative securities and represent dividend equivalents, not open‑market purchases.
Positive
- None.
Negative
- None.
FAQ
What insider activity did EXP report for Matt Newby on January 12, 2026?
EVP & General Counsel Matt Newby reported two acquisitions of restricted stock units on January 12, 2026, both reflecting dividend equivalent credits on Eagle Materials common stock.
How many restricted stock units did Matt Newby receive in this EXP Form 4?
He received 1.2444 restricted stock units in one transaction and 1.7396 restricted stock units in another, both at a price of $0 per unit.
What are the total RSU balances for Matt Newby after these EXP transactions?
After the 1.2444-unit credit, that RSU award totaled 1,197.0657 units directly owned. After the separate 1.7396-unit credit, that RSU award totaled 1,673.3805 units directly owned.
Were Matt Newby’s EXP restricted stock unit awards purchased on the open market?
No. The filing states the awards represent dividend equivalent restricted stock units accrued in connection with a cash dividend on Eagle Materials’ common stock.
What role does the reporting person hold at Eagle Materials (EXP)?
The reporting person, Matt Newby, is an officer of Eagle Materials, serving as EVP & General Counsel, and he files individually as one reporting person.
How are the EXP dividend equivalent RSUs described in the footnotes?
The footnotes explain that each transaction represents dividend equivalent restricted stock units (DEUs) accrued due to a cash dividend on common stock, linked to underlying RSU awards disclosed in prior Form 4 filings.