EXP Form 4: SVP reports dividend-equivalent RSUs at $0
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eagle Materials (EXP) senior vice president Alex Haddock filed a Form 4 reporting automatic accrual of dividend equivalent restricted stock units (DEUs) on 10/16/2025. The filing lists two DEU grants tied to cash dividends on common stock: 0.6631 RSUs and 1.1062 RSUs, both acquired at $0 and held directly.
Following these transactions, derivative securities beneficially owned were 633.2019 RSUs and 1,056.3007 RSUs, respectively. The DEUs relate to previously disclosed RSU awards referenced in prior filings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haddock Alex
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 0.663 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1.106 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 633.202 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 3 filed on August 7, 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.
FAQ
What did EXP’s SVP report on Form 4?
Alex Haddock reported accrual of dividend equivalent restricted stock units: 0.6631 RSUs and 1.1062 RSUs on 10/16/2025.
What is the price for the DEU RSUs reported by EXP’s SVP?
Both DEU RSU accruals were recorded at a price of $0.
How many derivative securities were beneficially owned after the transactions?
The filing shows 633.2019 RSUs and 1,056.3007 RSUs beneficially owned following the respective entries.
What triggered the DEU accruals reported by EXP’s SVP?
They represent DEUs accrued in connection with a cash dividend paid on EXP common stock, tied to previously disclosed RSU awards.
What is the relationship of the reporting person to Eagle Materials (EXP)?
The reporting person is an Officer, serving as Senior Vice President.
How are the reported RSUs held?
The RSUs are shown as held Direct (D).