Kesler Dale Craig 4

What Happened

• Dale Kesler (listed as Kesler Dale Craig), EVP and CFO of Eagle Materials (EXP), was granted three dividend‑equivalent restricted stock unit (DEU) awards on July 20, 2026. The awards totaled 5.395 DEUs (1.179, 2.038 and 2.178 shares). Each grant is reported at $0.00 because these are accruals of dividend equivalents tied to previously issued RSU awards (derivative securities), not a cash purchase.

Key Details

• Transaction date: 2026-07-20; Transaction code: A (award/grant).
• Amounts: 1.179 DEUs (F1), 2.038 DEUs (F2), 2.178 DEUs (F3); total = 5.395 DEUs; reported price = $0.00 (derivative).
• Footnotes: F1–F3 indicate these are dividend equivalent units accrued in connection with cash dividends; the underlying RSU awards were disclosed in Form 4 filings on 2024-05-29 (F1), 2025-05-27 (F2), and 2026-05-26 (F3).
• Shares owned after transaction: not specified in the provided summary — see the Form 4 filing for total beneficial ownership details.
• Filing: Form 4 filed 2026-07-22 reporting the 2026-07-20 accrual (timely within normal Form 4 reporting window).

Context

• Dividend-equivalent RSUs are a routine way companies credit dividend value to holders of restricted stock units; they do not require the insider to pay cash and are not the same as an open‑market purchase. Such awards are common compensation adjustments and do not, by themselves, indicate insider buying or selling intent.