Michael R. Nicolais, a director at Eagle Materials Inc., has reported a transaction involving restricted stock units. This filing, submitted on October 15, 2026, highlights Nicolais's continued engagement with the company and reflects the ongoing practices of equity management within the manufacturing sector.
Background
Eagle Materials Inc. is a prominent player in the manufacturing industry, specifically in the hydraulic cement sector. The company, incorporated in Delaware, operates under the Central Index Key (CIK) number 0000918646. Its fiscal year ends on March 31, and it trades under the symbol EXP. Recent filings indicate a consistent pattern of ownership reporting by Nicolais, with the latest being on October 15, 2026.
What the Filing Says
The recent filing indicates that Nicolais acquired 6.0961 shares of restricted stock units on October 13, 2026. Following this transaction, Nicolais now owns a total of 4,006.6899 shares of common stock in Eagle Materials. The filing noted, "Represents dividend equivalent Restricted Stock Units (DEUs) accrued in connection with a cash dividend paid by Issuer on its Common Stock." This underscores the connection between executive compensation and shareholder returns.
Impact
This transaction may affect shareholders and potential investors by highlighting the ongoing alignment of executive interests with those of shareholders. Nicolais's role as a director and his ownership stake can influence investor confidence in the company's management and strategic direction.
What's Next
The filing does not say what happens next.