EQT Corp·4

Jun 9, 4:10 PM ET

Rice Toby Z. 4

Research Summary

AI-generated summary

Updated

EQT CEO Toby Z. Rice Sells 98,714 Shares (~$5.36M)

What Happened Toby Z. Rice, President & CEO and director of EQT Corp (EQT), sold a total of 98,714 EQT shares in open-market transactions for aggregate proceeds of about $5.36 million. The trades reported:

  • 86,472 shares sold on 2026-06-05 at a weighted average price of $54.17 — proceeds ~$4,684,188 (sales executed across $53.90–$54.82). (F2)
  • 10,511 shares sold on 2026-06-05 at a weighted average price of $55.17 — proceeds ~$579,892 (sales executed across $54.90–$55.39). (F4)
  • 1,731 shares sold on 2026-06-08 at a weighted average price of $53.46 — proceeds ~$92,539 (sales executed across $53.04–$53.96). (F5)

These were outright sales (transaction code S) and not purchases or option exercises.

Key Details

  • Transaction dates: June 5, 2026 (majority) and June 8, 2026. Form filed on June 9, 2026 — appears to be timely.
  • Price details: weighted averages reported; footnotes indicate each block was sold in multiple trades within the listed ranges (F2, F4, F5).
  • Total shares sold: 98,714; total proceeds: ~$5.36 million.
  • Shares owned after transaction: not specified in the provided filing.
  • Notable footnotes: trades were effected under a Rule 10b5-1 trading plan adopted March 6, 2026 (F1); one footnote notes inclusion of accrued dividends (F3).
  • Transaction type: S = Sale (open-market/private sale).

Context

  • The sales were made under a pre-established Rule 10b5-1 plan, which allows insiders to execute scheduled trades regardless of later material developments; such plans are commonly used for routine divestitures and do not necessarily reflect the insider’s current view of the company.
  • For retail investors: purchases are often seen as stronger signals of insider confidence than planned sales. These transactions are factual disclosures of disposition of shares; do not infer motive.