Newby Matt 4
4 · EAGLE MATERIALS INC · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Eagle Materials (EXP) EVP Matt Newby Receives RSU Dividend Awards
What Happened Matt Newby, EVP & General Counsel of Eagle Materials (EXP), was credited with three dividend-equivalent restricted stock unit (DEU) awards on July 20, 2026. The filing shows acquisitions of 0.741, 1.383 and 1.478 shares (all reported at $0.00), a total of 3.602 shares. These are derivative awards (DEUs) that reflect dividend equivalents tied to previously granted RSU awards rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-07-20; Form 4 filed: 2026-07-22 (timely filing).
- Reported items:
- 0.741 shares (A) @ $0.00 — footnote F1 (DEU tied to RSU disclosed 5/29/2024)
- 1.383 shares (A) @ $0.00 — footnote F2 (DEU tied to RSU disclosed 5/27/2025)
- 1.478 shares (A) @ $0.00 — footnote F3 (DEU tied to RSU disclosed 5/26/2026)
- Total new shares reported from these DEUs: 3.602 shares; acquisition price reported as $0.00 and aggregate value shown as $0 on the Form 4.
- Shares owned following the transactions: not specified in the provided filing excerpt.
- Filing status: not marked late.
Context These entries are dividend-equivalent accruals tied to existing RSU awards (i.e., DEUs), which companies often credit when they pay cash dividends on common stock. DEUs are derivative awards that typically convert into additional RSUs or shares; they are not an open-market purchase or sale and do not necessarily signal a change in the insider’s view of the stock. The filing references the original RSU grants (see footnotes F1–F3) that govern these DEUs.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-07-20+0.741→ 598.546 total→ Common Stock (0.741 underlying) - Award
Restricted Stock Units
[F2]2026-07-20+1.383→ 1,117.837 total→ Common Stock (1.383 underlying) - Award
Restricted Stock Units
[F3]2026-07-20+1.478→ 1,194.478 total→ Common Stock (1.478 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.