Haack Michael 4
4 · EAGLE MATERIALS INC · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Eagle Materials (EXP) CEO Michael Haack Receives Award
What Happened
Michael Haack, President, CEO and Director of Eagle Materials (EXP), was credited with dividend-equivalent restricted stock units (DEUs) on April 13, 2026. He received 4.931 DEUs (footnote F1) and 13.087 DEUs (footnote F2), a total of 18.018 units. Each award is recorded at an acquisition price of $0.00 (derivative award), so the Form 4 shows no cash purchase or sale.
Key Details
- Transaction date: April 13, 2026; Transaction type: Award/Grant (code A); Price per unit: $0.00.
- Amounts: 4.931 DEUs (F1) and 13.087 DEUs (F2) — total 18.018 DEUs.
- Footnotes: F1 — DEUs accrued related to an RSU award disclosed in a Form 4 filed May 29, 2024. F2 — DEUs accrued related to an RSU award disclosed in a Form 4 filed May 27, 2025.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing: Reported on April 15, 2026 (filed two business days after the transaction), which is timely under Form 4 rules.
Context
DEUs are dividend equivalents credited to existing RSU awards when the company pays a cash dividend; they increase the holder's RSU balance rather than representing an open-market purchase or sale. These are derivative awards tied to earlier RSU grants (see the referenced Form 4s) and do not by themselves indicate a purchase decision or immediate sale of shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-04-13+4.931→ 3,985.494 total→ Common Stock (4.931 underlying) - Award
Restricted Stock Units
[F2]2026-04-13+13.087→ 10,578.056 total→ Common Stock (13.087 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.