Elliott Brad S 4
Research Summary
AI-generated summary
EQBK CEO Brad S. Elliott Receives 4,295-Share Award
What Happened
- Brad S. Elliott, CEO of Equity Bancshares, received an award of 4,295 shares on February 25, 2026. The Form 4 reports the acquisition price as $0.00, reflecting a grant/vesting of performance-based shares rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-25; filing date: 2026-02-27 (timely filing).
- Transaction type: Award/Grant (reported as acquisition at $0.00 per share).
- Shares acquired: 4,295 performance shares.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote F1: These shares represent vesting of additional performance shares after the Compensation Committee certified attainment of pre-established performance goals.
- Footnote F2: The filing notes inclusion of 372 shares purchased on Feb 14, 2026 under the company’s 2019 Employee Stock Purchase Plan (ESPP) in the ownership reporting.
Context
- This was a compensation-related award (performance-share vesting), not an open-market purchase or sale. Such awards are part of executive pay and may be subject to further restrictions or tax withholding; they don’t necessarily signal immediate bullish trading by the insider.
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