Reber Brett A 4
Research Summary
AI-generated summary
EQBK General Counsel Brett Reber Receives Restricted Unit Awards
What Happened
- Brett A. Reber, General Counsel of Equity Bancshares, received two awards of restricted stock units on February 7, 2026: 1,735 time-based RSUs and 1,735 performance-based RSUs, for a total of 3,470 units. Each grant was recorded at $0.00 (award, code A) — these are compensation awards rather than open-market purchases.
Key Details
- Transaction date: 2026-02-07; Filing date (Form 4): 2026-02-10.
- Grants: 1,735 time-based RSUs (F1) and 1,735 performance-based RSUs (F2); price per unit reported $0.00; total reported cash value $0.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: Time-based RSUs vest in three equal installments beginning February 7, 2027.
- F2: Performance RSUs cliff-vest at the later of February 7, 2029 or the date performance can be confirmed, and only if performance criteria are met.
- Filing timeliness: Filed Feb 10 for a Feb 7 grant; this appears to be a routine Form 4 reporting of compensation awards.
Context
- These awards are compensation (not purchases or sales) and are common for executives; time-based RSUs vest over scheduled dates, while performance RSUs depend on meeting future targets. Such grants reflect pay structure, not an immediate insider market view.