Kossover Gregory H 4/A
Research Summary
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Equity Bancshares (EQBK) EVP Gregory H Kossover Receives Award
What Happened Gregory H. Kossover, EVP and a director of Equity Bancshares, was granted two awards on February 9, 2026: 1,685 time‑based restricted stock units and 1,685 performance‑based restricted stock units (total 3,370 RSUs). Both grants were reported as acquisitions at $0.00 per share (awards), so no cash changed hands. The Form 4 was amended to correct the unit counts after an earlier filing mistakenly reported 2,106 units for each grant (4,212 total).
Key Details
- Transaction date: 2026-02-09 (reported initially on Form 4 filed Feb 11, 2026; amendment filed Feb 12, 2026).
- Award type/code: A (grant/award); 1,685 RSUs (time‑based) + 1,685 RSUs (performance‑based) = 3,370 RSUs.
- Price/Value reported: $0.00 per share (standard for grants); total listed acquisition value $0.
- Shares owned after transaction: Not specified in the amended filing.
- Footnotes: F1 = time‑based RSUs vest in three equal installments beginning Feb 9, 2027. F2 = performance RSUs cliff‑vest at the later of Feb 9, 2029 or the date performance can be confirmed, if criteria are met.
- Filing status: This is an amended Form 4 correcting previously overstated unit counts; no indication the original filing was untimely.
Context These are restricted unit awards, not open‑market purchases or sales. Time‑based RSUs vest with continued service over time; performance RSUs only vest if preset performance goals are satisfied, and thus may never convert to shares. Awards reported at $0 are common and reflect compensation grants rather than cash transactions.
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