Rice Toby Z. 4
Research Summary
AI-generated summary
EQT CEO Toby Rice Receives 52,350-Share RSU Award
What Happened
Toby Z. Rice, President & CEO and Director of EQT Corp (EQT), was granted 52,350 restricted stock units (RSUs) on Feb 11, 2026. The grant is reported at an acquisition price of $0.00 (typical for equity awards); the filing shows no cash purchase. These RSUs convert one-for-one into EQT common stock upon vesting and include accrued dividends per the filing.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely under the usual two-business-day rule).
- Security: 52,350 Restricted Stock Units (RSUs) reported as an award/grant (code A). Reported price: $0.00.
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (footnote F1).
- Dividends: Includes accrued dividends as noted in the filing (footnote F2).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
RSU grants are a form of compensation, not an open-market purchase or sale, and usually reflect long-term incentive pay rather than a direct trading signal. These RSUs will only become actual shares as they vest over the next three years; any tax withholding or share retention related to vesting is not detailed in this filing.