Marquardt David 4
4 · EquipmentShare.com Inc · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
EquipmentShare (EQPT) CFO David Marquardt Buys 4,285 Shares (~$105K)
What Happened
- David Marquardt, CFO and Chief Accounting Officer of EquipmentShare (EQPT), made an open-market purchase of 4,285 shares on Jan 26, 2026 at $24.50 per share, costing about $104,983. On the same date he had paired "other" transactions reflecting a 60,000-share reclassification (60,000 shares disposed and 60,000 shares acquired) related to a conversion of Common Stock into Class A Common Stock.
Key Details
- Transaction date: 2026-01-26 (Form 4 filed 2026-01-27).
- Open-market purchase: 4,285 shares @ $24.50 = $104,983.
- Reclassification: 60,000 shares reclassified from Common Stock to Class A Common Stock (reported as simultaneous J-code disposition and acquisition; $0 reported).
- Footnotes: F1 — reclassification under Rule 16b-7 (one-for-one conversion to Class A); F2 — directed share purchase program related to the IPO (applies to previously acquired shares); F3 — stock options held by the reporting person are fully vested.
- Shares owned after the transactions: not specified in the provided summary/transactions.
- Filing timeliness: Form filed the next day (Jan 27, 2026); appears timely.
Context
- The open-market buy is a straightforward purchase (a direct cash purchase, P-code), which retail investors often view as a stronger signal than routine disclosures of awards or reclassifications. The 60,000-share entries are an administrative reclassification (not an economic sale) converting Common Stock into Class A Common Stock and did not change share counts or option exercise prices. The reporting person also holds fully vested options per the filing.
Insider Transaction Report
Form 4
Marquardt David
CFO & Chief Accounting Officer
Transactions
- Other
Common Stock
[F1]2026-01-26−60,000→ 0 total - Other
Class A Common Stock
[F1]2026-01-26+60,000→ 60,000 total - Purchase
Class A Common Stock
[F2]2026-01-26$24.50/sh+4,285$104,983→ 64,285 total - Other
Stock Option (Right to Buy)
[F1][F3]2026-01-26−60,000→ 0 totalExercise: $4.22Exp: 2031-08-29→ Common Stock (60,000 underlying) - Other
Stock Option (Right to Buy)
[F1][F3]2026-01-26+60,000→ 60,000 totalExercise: $4.22Exp: 2031-08-29→ Class A Common Stock (60,000 underlying)
Footnotes (3)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was reclassified into one share of Class A Common Stock. No adjustments were made to the number of shares or exercise price of stock options held by the reporting person.
- [F2]Represents shares of Class A Common Stock purchased pursuant to a directed share purchase program in connection with the Issuer's initial public offering.
- [F3]The stock options are fully vested.
Signature
/s/John Griffin, as attorney-in-fact for David Marquardt|2026-01-27