Eagle Materials (NYSE: EXP) SVP adds dividend-equivalent RSUs to awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EAGLE MATERIALS INC Senior Vice President Alex Haddock reported two compensation-related transactions involving Restricted Stock Units (RSUs) tied to Common Stock. On April 13, 2026, he acquired small amounts of dividend equivalent RSUs that accrue automatically when the company pays a cash dividend.
One transaction added 0.3925 dividend equivalent RSUs, bringing that related RSU holding to 317.2533 units. A second transaction added 1.3098 dividend equivalent RSUs, increasing another RSU holding to 1058.7097 units. These are non-cash, routine adjustments and do not represent open-market stock purchases or sales.
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 | 0.393 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1.31 | $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 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.
Key Figures
Dividend equivalent RSUs acquired: 0.3925 units
RSU balance after first DEU credit: 317.2533 units
Second dividend equivalent RSUs acquired: 1.3098 units
+2 more
5 metrics
Dividend equivalent RSUs acquired
0.3925 units
RSU dividend equivalent credited on April 13, 2026
RSU balance after first DEU credit
317.2533 units
Restricted Stock Units following 0.3925-unit accrual
Second dividend equivalent RSUs acquired
1.3098 units
Additional RSU dividend equivalent on April 13, 2026
RSU balance after second DEU credit
1058.7097 units
Restricted Stock Units following 1.3098-unit accrual
Transaction direction
2 RSU acquisitions
Both coded as A (grant/award acquisition)
Key Terms
Restricted Stock Units, dividend equivalent Restricted Stock Units (DEUs), Form 4, cash dividend
4 terms
Restricted Stock Units financial
"Reported two compensation-related transactions involving Restricted Stock Units (RSUs) tied to Common Stock."
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 with a cash dividend paid by Issuer on its Common Stock."
Form 4 regulatory
"The underlying RSU award to which the DEUs relate was disclosed in a Form 4 filed on May 27, 2025."
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.
cash dividend financial
"DEUs 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.
FAQ
What insider transaction did Alex Haddock report for EXP on this Form 4?
Alex Haddock reported receiving small amounts of Restricted Stock Units as dividend equivalents. These units accrued automatically because EAGLE MATERIALS INC paid a cash dividend on its Common Stock, adjusting his prior RSU awards without any open-market buying or selling.
How many dividend equivalent RSUs did Alex Haddock acquire in the latest EXP filing?
He acquired 0.3925 dividend equivalent Restricted Stock Units in one transaction and 1.3098 in another. These increments are added to existing RSU awards, slightly increasing his deferred equity-based compensation tied to EAGLE MATERIALS INC common stock.
What are dividend equivalent Restricted Stock Units (DEUs) in the EXP Form 4?
Dividend equivalent RSUs, or DEUs, are additional units credited on existing RSU awards when a company pays cash dividends. Instead of receiving cash, the holder gets extra RSUs, modestly increasing their potential future share-based compensation if the awards ultimately vest.
What are Alex Haddock’s RSU holdings after these EXP transactions?
After these transactions, one related RSU award shows 317.2533 units and another shows 1058.7097 units. These figures represent his deferred Restricted Stock Units associated with earlier grants, now adjusted for dividend equivalents credited on April 13, 2026.