Pearson Mark 4
4 · Equitable Holdings, Inc. · Filed Apr 21, 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), exercised 27,200 stock options at $23.18/share (cost $630,496) and sold 39,700 shares in open-market transactions on April 20, 2026 for a weighted average price of $41.63, totaling $1,652,640. The filing also reports a disposition of 27,200 shares at $0, which is reported separately in connection with the option exercise.
Key Details
- Transaction date: April 20, 2026 (Form 4 filed April 21, 2026) — timely filing.
- Options exercised: 27,200 shares at $23.18 each; total exercise cost reported $630,496.
- Open-market sale: 39,700 shares at a weighted average $41.63; total proceeds $1,652,640. (Sales executed at prices ranging $41.22–$42.07 per footnote.)
- Disposition at $0 for 27,200 shares recorded (commonly reflects shares withheld for taxes or settlement related to the exercise).
- Transactions were made pursuant to a Rule 10b5-1 trading plan adopted May 16, 2025 (footnote F1).
- Filing notes include previously granted options under the 2019 Omnibus Incentive Plan and holdings that include RSUs and 11,011 ESPP shares (footnotes F2, F4).
Context
This was a same-day exercise of options combined with open-market sales. The separate $0 disposition of the exercised shares is typically how withholding or share-for-share settlement is reported and does not necessarily reflect an additional market sale. Sales under a 10b5-1 plan are prearranged and are often routine liquidity events rather than a real-time signal of sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-04-20$23.18/sh+27,200$630,496→ 828,883.298 total - Sale
Common Stock
[F1][F3][F2]2026-04-20$41.63/sh−39,700$1,652,640→ 789,183.298 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F1][F4]2026-04-20−27,200→ 81,600 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 $41.2200 to $42.0700. 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.