EAGLE MATERIALS INC·4

Apr 15, 4:17 PM ET

Haack Michael 4

Research Summary

AI-generated summary

Updated

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.