Pearson Mark 4
4 · Equitable Holdings, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Equitable (EQH) CEO Mark Pearson Sells Shares, Exercises Options
What Happened Mark Pearson, President & CEO of Equitable Holdings (EQH), executed option exercises and sold shares on Feb 18, 2026. He exercised 27,200 shares at $23.18 per share (exercise cost $630,496) and those 27,200 shares were disposed (sold). Separately, he sold 39,700 shares in the open market at a weighted average price of $45.50 for proceeds of $1,806,350. Combined, the reported proceeds/values are roughly $2.44 million. These transactions were sales (not purchases), and the filing indicates they were made under a pre-established plan.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-19 (timely).
- Open-market sale: 39,700 shares at a weighted average price of $45.50 — proceeds $1,806,350. (Trades executed between $45.10 and $45.72; F3.)
- Option exercise: 27,200 shares exercised at $23.18 — exercise amount $630,496; those 27,200 shares were also disposed (cashless sale) as reported.
- Transactions were made under a Rule 10b5-1 trading plan adopted May 16, 2025 (F1).
- Footnotes: reported holdings include Restricted Stock Units and 11,011 ESPP shares (F2); the options were granted under the 2019 Omnibus Incentive Plan and vested in installments starting Feb 26, 2021 (F4).
- Shares owned after the transactions are not specified in the summary provided here — see the full Form 4 for total post-transaction holdings.
Context This appears to be a routine executive liquidity event: the filing shows an options exercise with immediate disposition (a common cashless exercise) plus an additional open-market sale. The presence of a 10b5-1 trading plan means the sales were executed under a pre-established program. Retail investors should view these as insider sales (not new purchases) and consult the full Form 4 for exact post-transaction holdings and per-trade details.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-18$23.18/sh+27,200$630,496→ 803,155.01 total - Sale
Common Stock
[F1][F3][F2]2026-02-18$45.50/sh−39,700$1,806,350→ 763,455.01 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F1][F4]2026-02-18$23.18/sh−27,200$630,496→ 136,000 totalExercise: $23.18Exp: 2030-02-26→ Common Stock (27,200 underlying)
Footnotes (4)
- [F1]The sales reported and options exercised on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2025.
- [F2]Includes Restricted Stock Units and 11,011 shares acquired under the Employee Stock Purchase Plan.
- [F3]This transaction was executed in multiple trades at prices ranging from $45.1000 to $45.7200. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
- [F4]Grant of employee stock option under the Issuer's 2019 Omnibus Incentive Plan exempt under Rule 16b-3. The options vested in three installments beginning on February 26, 2021.