BHATIA NAVEEN 4

What Happened

• Naveen Bhatia, a director of EquipmentShare.com Inc (EQPT), was listed on a Form 4 showing a reclassification of 302,000 shares on 2026-01-26. The filing records one "disposition" of 302,000 shares and one "acquisition" of 302,000 shares (transaction code J). Prices and dollar values are N/A because this was a non‑economic reclassification rather than a sale or purchase.

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-27 (timely filing).
• Reported entries: 302,000 shares disposed and 302,000 shares acquired (both coded J — "other acquisition or disposition").
• Price / value: N/A (no cash changed hands).
• Shares owned after transaction: not specified in the excerpt; consult the full Form 4 for post-transaction holdings.
• Footnote: F1 — each share of Common Stock was reclassified into one share of Class A Common Stock pursuant to a reclassification exempt under Rule 16b-7.

Context

• This was a technical reclassification (one-to-one conversion of common shares into Class A Common Stock) and not an economic buy or sell. Such reclassifications do not, by themselves, indicate insider buying or selling intent and typically do not change beneficial ownership percentages. The separate dispose/acquire entries reflect the mechanics of the reclassification on the Form 4.