EQT Corp·4

Apr 16, 4:20 PM ET

CANAAN LEE M 4

Research Summary

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EQT (EQT) Director Canaan Lee Receives Restricted Stock Award

What Happened

  • Canaan Lee, a director of EQT Corporation (EQT), received a grant of 3,320 Restricted Stock Units (RSUs) on April 14, 2026. The grant is recorded as an award/acquisition at $0.00 per unit (derivative security).
  • The RSUs represent the right to receive one share of EQT common stock per unit. No cash was exchanged at grant; the economic value will depend on EQT’s stock price at vesting/delivery.

Key Details

  • Transaction date: April 14, 2026 (reported in Form 4 filed 2026-04-16).
  • Security: 3,320 Restricted Stock Units (derivative award) at $0.00 per unit (grant).
  • Shares owned after transaction: Not specified in this Form 4.
  • Vesting/delivery: All RSUs vest on the date of EQT’s 2027 Annual Meeting of Shareholders, subject to award conditions; shares will be delivered at vesting or later if the director elected deferral (see footnotes).
  • Footnotes: F1 = each RSU equals one share; F2 = vesting tied to 2027 Annual Meeting and possible deferral; F3 = grant amount includes accrued dividends.
  • Filing timeliness: No late filing indication in this report.

Context

  • This was a compensation award (grant of RSUs), not an open-market purchase or sale—common for directors and does not by itself signal buying or selling intent.
  • For retail investors, awards like RSUs increase potential future insider ownership when they vest, but the ultimate value depends on EQT’s share price at delivery.