Kesler Dale Craig 4

What Happened
Dale Kesler, EVP and Chief Financial Officer of Eagle Materials (EXP), was granted dividend-equivalent Restricted Stock Units (DEUs) on April 13, 2026. The filing shows two derivative awards: 1.177 DEUs and 3.055 DEUs (total 4.232 DEUs), reported at $0.00 per share (award code A). These are awards tied to existing RSU grants rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-13 (Filed: 2026-04-15) — filing appears timely.
• Awards: 1.177 DEUs (F1) and 3.055 DEUs (F2); combined total = 4.232 DEUs. Reported price per share: $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 and F2 indicate these DEUs are dividend-equivalent units accrued on cash dividends and relate to RSU awards previously disclosed (Form 4 filings dated May 29, 2024 and May 27, 2025).
• Transaction code: A = Award/Grant (derivative).

Context
DEUs are dividend equivalents that accrue on outstanding RSU awards and convert into additional RSUs or shares; they reflect compensation adjustments tied to dividend payments rather than fresh purchases or sales. Such awards are routine in executive compensation and do not by themselves indicate a buy/sell signal.