HURD JEFFREY J 4
Research Summary
AI-generated summary
Equitable (EQH) COO Jeffrey Hurd Receives RSU Award
What Happened
- Jeffrey J. Hurd, Chief Operating Officer of Equitable Holdings, received an award of 332.29 restricted stock units (RSUs) on 2026-03-12. The Form 4 reports the acquisition as 332.29 shares at $0.00 (code A — grant/award).
- This entry reflects dividend equivalents issued in RSU form tied to previously granted RSUs; the Form 4 shows $0 cash consideration because these are non-cash compensation awards, not an open-market purchase.
Key Details
- Transaction date and type: 2026-03-12 — Grant/Award (A) of 332.29 RSUs at $0.00 per share.
- Shares owned after transaction: not specified in this filing (total ownership not listed).
- Footnotes: F1 explains these are dividend equivalents accruing on prior RSUs and issued as RSUs that vest on the same schedule; F2 notes totals include RSUs.
- Filing timeliness: Report filed 2026-03-13 for a 2026-03-12 transaction — appears timely (not marked late).
Context
- Dividend-equivalent RSUs are compensation, not purchases or sales; they represent a contingent right to receive common stock upon vesting and settlement, so their economic value depends on future vesting and the stock price at settlement.
- Such awards are routine executive compensation and do not, by themselves, indicate insider buying or selling sentiment.