Duran Richard A 4
Research Summary
AI-generated summary
EQT (EQT) CIO Richard Duran Receives Restricted Stock Award
What Happened
Richard A. Duran, Chief Information Officer of EQT (EQT Corporation), received an award of 8,980 restricted stock units (RSUs) on 2026-02-11. The grant is recorded at a $0.00 per-share acquisition price (total reported value $0) and is an equity compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely within standard SEC reporting window).
- Award: 8,980 Restricted Stock Units (RSUs) @ $0.00; reported acquisition code A.
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. (Footnote F1)
- Dividend feature: Amount includes accrued dividends. (Footnote F2)
- Shares owned after transaction: not specified in the provided filing.
- No sale, purchase, or option exercise occurred — this is a compensation grant.
Context
RSUs are a common form of executive compensation that convert into shares (one-for-one per the filing) as they vest; they are non-cash awards and do not represent an immediate market purchase or sale. Such grants compensate and incentivize executives and do not, by themselves, indicate an insider buying or selling shares for investment reasons.