EQUIFAX INC·4

Mar 17, 9:21 PM ET

Smith David John 4

Research Summary

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Equifax EVP David Smith Receives Restricted Stock Units

What Happened

  • David John Smith, EVP and President, USIS at Equifax (EFX), was granted two restricted stock unit (RSU) awards on 2026-03-02: 12,979 RSUs and 9,979 RSUs. Both awards are reported as acquisitions at $0.00 (standard for RSU grants), for a total of 22,958 RSUs. These are compensation awards, not open-market purchases or sales.

Key Details

  • Transaction date: 2026-03-02; Form 4 filed: 2026-03-17 (filed late relative to the typical two-business-day deadline).
  • Grants reported: 12,979 RSUs (Footnote F1) and 9,979 RSUs (Footnote F2); acquisition price shown as $0.00.
  • Vesting (per filing footnotes):
    • F1 (12,979 RSUs): new-hire grant vesting in three equal annual installments beginning 3/2/2027.
    • F2 (9,979 RSUs): annual grant vesting 100% on 3/2/2029.
  • Shares owned after the transaction: not specified in the filing.
  • Transaction code: A = Award/Grant of equity; no immediate cash changed hands.

Context

  • RSU grants are a form of executive compensation meant to align management with shareholders and typically vest over time; they do not by themselves indicate buying or selling sentiment. Vesting schedules and potential tax withholding (which can reduce delivered shares) are common and noted in filings. The late filing reduces short-term transparency but does not change the nature of the awards.