Pearson Mark 4

What Happened

• Mark Pearson, President & CEO and a director of Equitable Holdings (EQH), exercised 1,387 stock options and immediately sold those 1,387 shares on April 15, 2026. The reported exercise cost was $23.18 per share (total $32,151) and the shares were sold at a weighted-average price of $40.03 for total proceeds of $55,518. The filing shows the exercised derivative was converted into shares and then disposed of (a cashless-style exercise + sale).

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely).
• Exercise detail: 1,387 shares exercised at $23.18 each (total exercise cost $32,151).
• Sale detail: 1,387 shares sold in multiple trades at prices ranging $40.00–$40.06; weighted-average $40.03; total proceeds $55,518. Reporting person can provide trade-level prices on request (footnote).
• Net cash from the sequence (proceeds minus exercise cost) ≈ $23,367 before taxes/fees.
• Holdings after transaction: not specified in the summary table of your prompt; footnote F2 notes holdings include Restricted Stock Units and 11,011 shares from the Employee Stock Purchase Plan.
• Footnotes: F1 — trades were executed under a Rule 10b5-1 trading plan adopted May 16, 2025. F3 — sale executed in multiple trades (price range above). F4 — options were granted under the 2019 Omnibus Incentive Plan and vested in installments beginning Feb 26, 2021.

Context

• This was an exercise of options followed by an immediate sale of the resulting shares (commonly called a cashless exercise or sell-to-cover sequence), which converts option value into cash rather than increasing the insider's share stake. Such sales under a pre-existing 10b5-1 plan are typically automated and not necessarily a timing signal about the CEO’s view of the stock.