Evancho Lesley 4

What Happened

• Lesley Evancho, Chief Human Resources Officer of EQT Corporation, had performance awards from the company's 2023 Incentive Performance Share Unit Program vest on March 9, 2026. The awards were paid out in common stock (31,147 shares reported as an award at $0.00 on the Form 4).
• To satisfy tax withholding obligations related to the vesting, the company withheld 13,546 of those shares (reported as a disposition at $62.23 per share), with a value of $842,968. The filing indicates the withholding included accrued dividends and that there was no open-market sale of shares.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (filed within the typical two-business-day window).
• Award: 31,147 shares issued/vested (reported as an award, $0.00 on Form 4; footnote F1).
• Tax withholding: 13,546 shares withheld at $62.23/share, proceeds/value reported $842,968 (footnotes F2 and F3 note accrued dividends and that shares were withheld to satisfy tax liability; no market trade).
• Shares owned after transaction: Not disclosed in the filing.
• Transaction codes: A = Award/Acquisition; F = Tax withholding (disposition).

Context

• This was a routine vesting and payout of performance-based awards, not an open-market sale. The company’s withholding of shares to cover taxes is standard practice and does not represent an insider-initiated sale. Performance awards paid in stock can increase an insider’s holdings even after withholding.