Thompson Tony 4
Research Summary
AI-generated summary
Eagle Materials (EXP) SVP Tony Thompson Receives Dividend RSU Award
What Happened
- Tony Thompson, Senior Vice President of Eagle Materials (ticker: EXP), was credited with dividend-equivalent restricted stock units (DEUs) on April 13, 2026. The filing shows two derivative awards: 0.393 RSUs and 1.31 RSUs, each recorded at $0.00 (total 1.703 RSUs).
- These were awards (code A) rather than purchases or sales, so no cash was paid and the Form 4 reports $0 value for the acquisition line.
Key Details
- Transaction date: April 13, 2026; Form 4 filed April 15, 2026 (timely).
- Awards: 0.393 RSUs (F1) and 1.31 RSUs (F2); combined 1.703 RSUs; acquisition price reported as $0.00.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 and F2 indicate these are dividend-equivalent RSUs accrued from cash dividends tied to prior RSU grants disclosed on May 29, 2024 (F1) and May 27, 2025 (F2).
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding event, or late filing is indicated in the provided information.
Context
- DEUs are commonly credited as additional restricted-stock units that track cash dividends on outstanding RSUs; they increase an executive’s deferred equity but are not an open-market purchase.
- Such awards are routine corporate compensation mechanics and should be read as compensation-related accruals rather than an insider buying or selling stock.