Haddock Alex 4
Research Summary
AI-generated summary
Eagle Materials (EXP) SVP Alex Haddock Receives RSU Dividend Equivalents
What Happened
Alex Haddock, Senior Vice President of Eagle Materials (EXP), was credited with dividend-equivalent restricted stock units (DEUs) on July 20, 2026. The filing shows three DEU accruals: 0.393 shares, 0.873 shares and 1.400 shares — a total of 2.666 shares — each recorded at $0.00 (no cash paid). These are awards/allocations (transaction code A), not purchases or sales.
Key Details
- Transaction date: 2026-07-20 (report filed 2026-07-22; filing appears timely).
- Items reported:
- 0.393 DEU shares @ $0.00 (F1)
- 0.873 DEU shares @ $0.00 (F2)
- 1.400 DEU shares @ $0.00 (F3)
- Total credited: 2.666 shares; total cash value reported: $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1–F3 state these are dividend-equivalent RSUs accrued from the issuer’s cash dividends. The underlying RSU awards were previously disclosed (Form 3 filed 8/7/2024; Form 4 filed 5/27/2025; Form 4 filed 5/26/2026).
- Filing timeliness: Reported two days after the transaction date; no late-filing flag is indicated.
Context
Dividend-equivalent units are adjustments to existing RSU awards that mirror dividend payments and do not involve an open-market purchase or immediate sale. These entries are routine compensation/accounting events and do not by themselves signal a buy or sell decision by the insider.