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EAGLE MATERIALS INC·4

Apr 15, 4:15 PM ET

Cribbs Eric 4

Research Summary

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Eagle Materials (EXP) President Eric Cribbs Receives RSU Award

What Happened
Eric Cribbs, President of American Gypsum (a business unit of Eagle Materials, ticker EXP), was granted a total of 2.747 derivative units on April 13, 2026. These are dividend-equivalent Restricted Stock Units (DEUs) — 0.565 units (F1) and 2.182 units (F2) — recorded at $0.00 per unit. This is an award/accrual (transaction code A), not a purchase or sale; no cash was exchanged at grant.

Key Details

  • Transaction date: 2026-04-13; Filing date: 2026-04-15 (filed within the normal 2-business-day window).
  • Grants: 0.565 DEUs (F1) and 2.182 DEUs (F2), total 2.747 units; price reported $0.00; classified as derivative awards.
  • Shares owned after transaction: not provided in the supplied filing excerpt.
  • Footnotes:
    • F1 — DEUs accrued in connection with a cash dividend; underlying RSU award disclosed in Form 4 filed May 29, 2024.
    • F2 — DEUs accrued from a cash dividend; underlying RSU award disclosed in Form 4 filed May 27, 2025.
  • No 10b5-1 plan, tax-withholding sale, or late filing indicated in the provided data.

Context
Dividend-equivalent RSUs are routine compensation adjustments that credit additional restricted units tied to prior RSU grants when the company pays cash dividends. They are not open-market purchases and do not by themselves signal insider buying intent; vesting and ultimate settlement follow the terms of the original RSU awards disclosed previously.