Eagle Materials (NYSE: EXP) EVP granted small dividend RSU accruals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eagle Materials Inc. executive Matt Newby reported routine equity compensation changes. On April 13, 2026, he acquired two small blocks of dividend equivalent Restricted Stock Units (RSUs) tied to cash dividends on the company’s common stock.
One award added 0.7396 RSUs, bringing that related RSU holding to 597.8053 units. A second award added 2.0728 RSUs, increasing that related RSU holding to 1675.4533 units. These are compensation-linked accruals, not open-market stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Newby Matt
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 0.74 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2.073 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 597.805 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
RSUs acquired (award 1): 0.7396 units
RSU holding after transaction (award 1): 597.8053 units
RSUs acquired (award 2): 2.0728 units
+1 more
4 metrics
RSUs acquired (award 1)
0.7396 units
Dividend equivalent RSUs granted on April 13, 2026
RSU holding after transaction (award 1)
597.8053 units
Total Restricted Stock Units after DEU accrual
RSUs acquired (award 2)
2.0728 units
Dividend equivalent RSUs granted on April 13, 2026
RSU holding after transaction (award 2)
1675.4533 units
Total Restricted Stock Units after DEU accrual
Key Terms
Restricted Stock Units, dividend equivalent Restricted Stock Units (DEUs), Form 4
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and underlying_security_title: "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"
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.
FAQ
What did Eagle Materials (EXP) EVP Matt Newby report in this Form 4?
Matt Newby reported receiving small grants of dividend equivalent Restricted Stock Units. These RSUs were accrued automatically in connection with cash dividends on Eagle Materials common stock, reflecting routine equity compensation adjustments rather than open-market buying or selling activity.
How many dividend equivalent RSUs did Matt Newby acquire from Eagle Materials (EXP)?
He acquired two small RSU accruals: 0.7396 Restricted Stock Units in one award and 2.0728 Restricted Stock Units in another. Both sets of RSUs are tied to prior underlying awards and reflect dividend equivalents on Eagle Materials common stock.
Are Matt Newby’s Eagle Materials (EXP) RSU transactions open-market purchases or sales?
No, these are not open-market trades. The Form 4 shows grant-type transactions where dividend equivalent Restricted Stock Units were automatically credited as compensation in connection with cash dividends, with no stated purchase or sale price per share.
What are dividend equivalent Restricted Stock Units (DEUs) in Eagle Materials (EXP) Form 4?
Dividend equivalent RSUs are additional units credited when a company pays cash dividends, mirroring what a share-based award would have received. In this case, Eagle Materials credited DEUs to Matt Newby’s existing RSU awards when it paid dividends on its common stock.
How did Matt Newby’s RSU holdings change in this Eagle Materials (EXP) filing?
Following the dividend equivalent accruals, one RSU award increased to 597.8053 units and another to 1675.4533 units. These figures show updated holdings for the respective RSU awards after automatic dividend-related credits were applied.