Kossover Gregory H 4
Research Summary
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Equity Bancshares (EQBK) EVP Gregory Kossover Receives 4,212-Share Award
What Happened Gregory H. Kossover, an Executive Vice President and director of Equity Bancshares, was granted a total of 4,212 restricted shares on February 9, 2026. The award consists of 2,106 time-based restricted stock units (RSUs) and 2,106 performance-based RSUs; both grants were reported as acquired at $0.00 per share (no cash paid). These are awards (not open-market purchases or sales) and represent future compensation rather than an immediate cash value.
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (two days after the grant).
- Grant details and vesting:
- 2,106 time-based RSUs: vest in three equal installments beginning February 9, 2027 (702 shares per installment).
- 2,106 performance-based RSUs: cliff vest at the later of February 9, 2029 or when performance criteria can be confirmed, only if performance goals are met.
- Price: $0.00 per share (typical for compensation awards).
- Shares owned after the transaction: not disclosed in this filing.
- Reporting detail: the reporting person signed as trustee of the Gregory H. Kossover Revocable Trust.
Context These are compensation grants, common for executives, and do not involve an immediate cash transaction or open-market buying/selling. Time-based RSUs vest over time, while performance RSUs vest only if specified goals are achieved; performance grants can therefore have uncertain ultimate value until conditions are met. The trustee note indicates the filing reflects holdings reported through a trust entity rather than directly in Kossover’s personal name.