Dividend RSU credits boost Eagle Materials (NYSE: EXP) CFO stake

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kesler Dale Craig reported acquisition or exercise transactions in this Form 4 filing.

Eagle Materials EVP and CFO Dale Craig Kesler received small additions of dividend equivalent Restricted Stock Units on Common Stock. On April 13, 2026, he was credited 1.1774 RSUs tied to a prior award, bringing that award to 951.7519 RSUs held directly.

On the same date, he was also credited 3.0545 RSUs under another existing RSU award, increasing that award to 2468.9832 RSUs held directly. Footnotes explain these are dividend equivalents accrued from a cash dividend on Eagle Materials’ common shares, making this a routine, compensation-related adjustment rather than an open-market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kesler Dale Craig

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1.177	$0.00	--
Grant/Award	Restricted Stock Units	3.055	$0.00	--

Holdings After Transaction: Restricted Stock Units — 951.752 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

Dividend equivalent RSU credit 1: 1.1774 RSUs Post-transaction RSU balance 1: 951.7519 RSUs Dividend equivalent RSU credit 2: 3.0545 RSUs +1 more

4 metrics

Dividend equivalent RSU credit 1 1.1774 RSUs Credited on April 13, 2026 to existing award

Post-transaction RSU balance 1 951.7519 RSUs RSU award balance following 1.1774-unit credit

Dividend equivalent RSU credit 2 3.0545 RSUs Second award credited on April 13, 2026

Post-transaction RSU balance 2 2468.9832 RSUs Second RSU award balance after 3.0545-unit credit

Key Terms

Restricted Stock Units, dividend equivalent Restricted Stock Units, 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 financial

"Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection"

Form 4 regulatory

"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 - 04:19 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^*

Kesler Dale Craig

(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)
	EVP and CFO

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		1.1774		⁽¹⁾	⁽¹⁾	Common Stock	1.1774	$0	951.7519	D
Restricted Stock Units	⁽²⁾	04/13/2026		A		3.0545		⁽²⁾	⁽²⁾	Common Stock	3.0545	$0	2,468.9832	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 Dale Craig Kesler	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 insider transaction did Eagle Materials (EXP) report for its CFO?

Eagle Materials reported that EVP and CFO Dale Craig Kesler received small grants of dividend equivalent Restricted Stock Units. These RSUs were credited as part of existing awards, reflecting accrued value from a cash dividend on the company’s common stock rather than open-market buying or selling.

How many Restricted Stock Units did the Eagle Materials (EXP) CFO receive?

The CFO received two small RSU credits: 1.1774 Restricted Stock Units under one award and 3.0545 Restricted Stock Units under another. These represent dividend equivalents accrued from a cash dividend, modestly increasing his outstanding RSU-based compensation linked to Eagle Materials’ common stock.

Are the Eagle Materials (EXP) CFO’s RSU transactions open-market purchases or sales?

No, the transactions are not open-market trades. They are Restricted Stock Units credited as dividend equivalents tied to a cash dividend on common stock. This means they adjust existing equity awards as part of compensation, without the CFO buying or selling shares in the market.

What are dividend equivalent RSUs in the Eagle Materials (EXP) Form 4?

Dividend equivalent RSUs are additional units credited to an existing RSU award when the company pays a cash dividend. For Eagle Materials, the CFO’s RSUs increased to reflect the dividend, keeping his equity compensation aligned with what a shareholder would receive in cash dividends.

How did these RSU credits change the Eagle Materials (EXP) CFO’s award balances?

One RSU award increased to 951.7519 units after a 1.1774-unit credit, and another rose to 2468.9832 units after a 3.0545-unit credit. Both balances represent direct holdings of Restricted Stock Units tied to Eagle Materials’ common stock as part of his compensation.