EQUITY BANCSHARES INC·4

May 5, 4:04 PM ET

Maland Jerry P 4

Research Summary

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Equity Bancshares Director Jerry Maland Receives Restricted Shares

What Happened

Jerry P. Maland, a director of Equity Bancshares, Inc. (EQBK), was granted 1,103 restricted shares on May 1, 2026. The grant was reported as an award/acquisition (code A) at an acquisition price of $0.00 (total reported cash value $0). This was a compensation grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-01; Report filed: 2026-05-05 (filed within required reporting window).
  • Transaction type/code: Award/Grant (A). Price per share reported: $0.00.
  • Shares granted: 1,103 restricted shares. Total cash value on Form 4: $0.
  • Vesting: Shares will vest on the first anniversary of the grant (May 1, 2027) (footnote F1).
  • Purpose: Issued under the Equity Bancshares, Inc. 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees (F1).
  • Ownership after transaction: Not specified in the filing.
  • Other note: The reporting person and spouse serve as co-trustees of a family trust (F2) — a disclosure of potential shared voting/ownership arrangements.

Context

This filing reflects a compensation grant to a board member (restricted shares that vest over time), which is common for non-employee directors receiving retainer/meeting fee compensation. It is not a market purchase or sale and does not by itself indicate a buy or sell signal.