BERNSTEIN SETH P 4

What Happened

• Seth P. Bernstein, Head of Asset Management at Equitable Holdings (EQH), was granted 126.76 shares as dividend equivalents on previously awarded restricted stock units (RSUs). The Form 4 reports the acquisition as 126.76 shares at $0.00 (no cash paid).

Key Details

• Transaction date: 2026-03-12; reported on Form 4 filed 2026-03-13 (timely filing).
• Transaction type/code: Award/Grant (A) — dividend equivalents issued as RSUs.
• Amount: 126.76 RSU-equivalent shares; reported price $0.00 and aggregate cash consideration $0.
• Shares owned after transaction: Not specified in the provided summary of this filing.
• Footnotes: F1 explains these are dividend equivalents that accrue on RSUs and are issued in the form of additional RSUs (each representing a contingent right to one share). F2 notes totals include RSUs.
• Remarks: Reporting person’s title listed as Head of Asset Management.

Context

• Dividend-equivalent RSUs are not an open-market purchase or sale; they represent additional contingent rights tied to existing RSUs and typically vest/settle under the same terms as the underlying RSUs. This is largely administrative and does not by itself indicate a bullish or bearish signal.