Reber Brett A 4

What Happened

• Brett A. Reber, General Counsel of Equity Bancshares, reported disposal of 772 shares to satisfy tax or exercise-related liabilities. The filings show 291 shares withheld at $46.12 on Jan 30, 2026 ($13,421) and 481 shares withheld at $46.12 on Jan 31, 2026 ($22,184), totaling 772 shares worth approximately $35,605.
• This was not an open-market sale for cash to a third party; the shares were surrendered/withheld to satisfy tax or exercise-price obligations (transaction code F).

Key Details

• Transaction dates and prices:
  • 2026-01-30: 291 shares @ $46.12 — $13,421 (withheld/disposed)
  • 2026-01-31: 481 shares @ $46.12 — $22,184 (withheld/disposed)
  • Total: 772 shares — ~$35,605
• Transaction code: F (payment of exercise price or tax liability — shares withheld to cover taxes)
• Shares owned after the reported transactions: not specified in the filing excerpt provided.
• Filing date: 2026-02-03 — the Form 4 was filed within the required two business days and appears timely.

Context

• Code F typically reflects tax withholding or surrender of shares to cover the cost of exercising options or to satisfy tax withholding on a stock award; it does not necessarily indicate a decision to liquidate holdings for cash.
• For retail investors: purchases by insiders are often seen as stronger buy signals than routine withholdings; this filing documents a routine tax-related disposition rather than an open-market sale.