Lane Nick 4

What Happened
Lane Nick, President of Equitable Financial, was credited with 397.5 shares on June 8, 2026, reported as an award/acquisition (code A) at $0.00. The award represents dividend equivalents issued in the form of restricted stock units (RSUs), not a cash purchase or market trade.

Key Details

• Transaction date: 2026-06-08; Form filed: 2026-06-10 (timely filing).
• Shares acquired: 397.5 RSUs; price per share reported: $0.00 (no cash paid).
• Shares owned after transaction: not specified in this Form 4.
• Footnote F1: These 397.5 units are dividend equivalents on previously awarded RSUs; they vest and settle on the same terms as the underlying RSUs and each unit represents a contingent right to one common share.
• Footnote F2: Total reported holdings on the filing include RSUs.
• Transaction type: Award of dividend-equivalent RSUs (code A), not a purchase (P) or sale (S).

Context
Dividend-equivalent RSUs are typically credited when a company pays dividends on common shares underlying outstanding RSUs; they increase an executive’s contingent equity stake but do not involve an open-market buy or sale. This award is administrative/compensation-related and should be interpreted as an increase in potential future share holdings rather than an active investment decision.