Eagle Materials (EXP) President Eric Cribbs Receives Award

What Happened
Eric Cribbs, President of American Gypsum (a business unit of Eagle Materials, ticker EXP), was credited with three dividend-equivalent restricted stock unit (DEU) awards on July 20, 2026. The grants total 4.511 DEU RSUs (0.566, 1.456 and 2.489 shares), each reported with a $0.00 acquisition price because they represent accrued dividend equivalents rather than a cash purchase.

Key Details

• Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (reported within two business days).
• Reported transactions: three awards (transaction code A) of 0.566, 1.456 and 2.489 DEU RSUs; total = 4.511 RSUs. Price per share = $0.00 (DEUs credited).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1, F2 and F3 indicate these are dividend-equivalent RSUs (DEUs) accrued in connection with cash dividends; the underlying RSU awards were previously disclosed on Form 4 filings dated May 29, 2024 (F1), May 27, 2025 (F2), and May 26, 2026 (F3).
• Transaction type: derivative award (DEUs), not an open-market purchase or sale.

Context
DEUs are credits that convert dividend payments into additional RSUs tied to previously granted restricted stock awards; they don’t require the insider to pay cash and are not an open-market investment. Such awards increase the insider’s potential future equity stake if and when the RSUs vest or settle, but they are different from buying shares on the open market and should not be read as a direct cash investment signal.