Haack Michael 4
4 · EAGLE MATERIALS INC · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Eagle Materials CEO Michael Haack Receives RSU Dividend Equivalents
What Happened
Michael Haack, President, CEO and a director of Eagle Materials, was credited with three grants of dividend-equivalent restricted stock units (DEUs) on July 20, 2026. The filing reports awards of 4.938, 8.737 and 9.334 DEU units (total 23.009 units) at an acquisition price of $0. These DEUs reflect dividend equivalents credited to previously disclosed RSU awards rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-07-20; Form 4 filed: 2026-07-22 (reported within typical two-business-day window).
- Reported items: three awards (4.938; 8.737; 9.334) = 23.009 DEU units total, $0 acquisition price (derivative awards).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1, F2, F3 state these are dividend-equivalent RSUs credited in connection with cash dividends; underlying RSU grants were disclosed on Form 4 filings dated May 29, 2024; May 27, 2025; and May 26, 2026.
- Filing timeliness: filed two days after the transaction date (no late filing flag noted).
Context
DEUs are adjustments to existing restricted stock unit awards that credit additional units tied to dividends — they are compensation-related and not market purchases or sales. Because the reported acquisition price is $0, the Form 4 reflects the issuance/accrual of units rather than a cash transaction; the economic value depends on Eagle Materials' stock price when the units vest or convert. These types of filings are routine for executives with RSU grants and do not by themselves indicate a buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-07-20+4.938→ 3,990.433 total→ Common Stock (4.938 underlying) - Award
Restricted Stock Units
[F2]2026-07-20+8.737→ 7,059.793 total→ Common Stock (8.737 underlying) - Award
Restricted Stock Units
[F3]2026-07-20+9.334→ 7,542.334 total→ Common Stock (9.334 underlying)
Footnotes (3)
- [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.
- [F3]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 26, 2026.