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EQUIFAX INC·4

Feb 12, 4:08 PM ET

Farshchi Jamil 4

Research Summary

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Updated

Equifax (EFX) CTO Jamil Farshchi Exercises Options, Sells Shares

What Happened

  • Jamil Farshchi, Executive VP & Chief Technology Officer of Equifax, exercised stock options on Feb 10, 2026 to acquire 6,213 shares at an exercise price basis shown as $191.44 (aggregate value ~$1.19M). The filing also shows immediate dispositions: 3,042 shares were surrendered/used to satisfy tax withholding (reported at $202.71, ~$616,644), and open-market sales of 6,213 shares on Feb 10 for $195.81 ($1,216,568) and 1,167 shares on Feb 11 for $199.87 ($233,248). In addition, Farshchi was credited with a grant of 4,667 restricted stock units (RSUs) (no cash cost shown).

Key Details

  • Transaction dates & prices:
    • 2026-02-10: Exercised 6,213 options @ $191.44 (acquired; value reported $1,189,417).
    • 2026-02-10: 3,042 shares withheld/used for taxes @ $202.71 (disposed; $616,644).
    • 2026-02-10: Sold 6,213 shares in open market @ $195.81 (disposed; $1,216,568).
    • 2026-02-11: Sold 1,167 shares in open market @ $199.87 (disposed; $233,248).
    • 2026-02-10: Received grant of 4,667 RSUs (A) @ $0.00.
  • Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 4/25/2025 (footnote F1).
  • Footnotes: F2 notes accrued dividend equivalents reinvested as RSUs and 400 shares from the 2020 ESPP are included in reported holdings; F3 describes the option vesting schedule (vested in three equal annual increments starting 2/21/2021).
  • Shares owned after the transactions are not specified in the provided excerpt of the filing.
  • Filing date: 2026-02-12 for transactions on 2026-02-10 and 02-11 — filed within standard reporting window (not marked late).

Context

  • Codes explained simply: M = option exercise/conversion; F = shares surrendered for tax/payment; S = open-market sale; A = award/grant (RSUs). The pattern here—exercise followed by shares withheld for taxes and open-market sales—is a common way executives realize option gains and meet tax obligations. The reported sales were made under a pre-established 10b5-1 plan, which typically means the trades were pre-scheduled and not ad hoc.