Dividend-linked RSUs granted to Eagle Materials (NYSE: EXP) SVP

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Devlin William R reported acquisition or exercise transactions in this Form 4 filing.

EAGLE MATERIALS INC senior vice president and controller William R. Devlin reported small compensation-related equity awards. On April 13, 2026, he received dividend equivalent Restricted Stock Units (DEUs) that accrue when the company pays cash dividends on its common stock.

One DEU grant covered 0.3925 Restricted Stock Units, bringing that related RSU holding to 317.2533 units. A second DEU grant covered 0.9817 Restricted Stock Units, increasing that related RSU holding to 793.5300 units. Each DEU corresponds to an equal number of shares of common stock when the underlying RSUs settle.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Devlin William R

Role SVP, Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	0.393	$0.00	--
Grant/Award	Restricted Stock Units	0.982	$0.00	--

Holdings After Transaction: Restricted Stock Units — 317.253 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

DEU grant size 1: 0.3925 Restricted Stock Units RSU balance after grant 1: 317.2533 Restricted Stock Units DEU grant size 2: 0.9817 Restricted Stock Units +1 more

4 metrics

DEU grant size 1 0.3925 Restricted Stock Units Dividend equivalent RSUs accrued on April 13, 2026

RSU balance after grant 1 317.2533 Restricted Stock Units Total related RSUs following first DEU accrual

DEU grant size 2 0.9817 Restricted Stock Units Second dividend equivalent RSU accrual on April 13, 2026

RSU balance after grant 2 793.5300 Restricted Stock Units Total related RSUs following second DEU accrual

Key Terms

Restricted Stock Units, dividend equivalent Restricted Stock Units (DEUs), Form 4

3 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"

Form 4 regulatory

"The 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.

Form 4 Insider Transactions: What Each Field Means →

04/15/2026 - 04:16 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Devlin William R

(Last)

(First)

(Middle)

5960 BERKSHIRE LN, STE 900

(Street)

DALLAS

TEXAS

75225

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EAGLE MATERIALS INC [ EXP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/13/2026		A		0.3925		⁽¹⁾	⁽¹⁾	Common Stock	0.3925	$0	317.2533	D
Restricted Stock Units	⁽²⁾	04/13/2026		A		0.9817		⁽²⁾	⁽²⁾	Common Stock	0.9817	$0	793.53	D

Explanation of Responses:

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.

2. 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.

	/s/ Scott M. Wilson as Attorney-in-Fact for William R. Devlin	04/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did EXP executive William R. Devlin report in this Form 4?

William R. Devlin reported receiving small dividend equivalent Restricted Stock Units. These awards accrue when Eagle Materials pays cash dividends and increase his existing RSU-based equity compensation linked to the company’s common stock.

How many Restricted Stock Units did Devlin acquire in this EXP filing?

Devlin acquired 0.3925 and 0.9817 dividend equivalent Restricted Stock Units. Each RSU represents a right to receive one share of Eagle Materials common stock when the underlying awards ultimately settle under their existing terms.

What are dividend equivalent Restricted Stock Units (DEUs) at Eagle Materials (EXP)?

Dividend equivalent RSUs are extra units credited when cash dividends are paid. They mirror dividends on common stock by adding small fractional RSUs to outstanding awards, so holders are economically aligned with regular shareholders receiving cash dividends.

Did this EXP Form 4 involve any open-market buying or selling of shares?

No, the transactions reflect grant or accrual of Restricted Stock Units as compensation. They are not open-market purchases or sales but bookkeeping entries that increase Devlin’s equity-based awards tied to Eagle Materials common stock.

How large are Devlin’s RSU holdings after these EXP transactions?

After these accruals, one RSU award shows 317.2533 units and another 793.5300 units. These figures indicate the updated sizes of the two underlying RSU awards that generated the related dividend equivalent Restricted Stock Units.