Hu Frank C. 4
Research Summary
AI-generated summary
EQT Director Frank C. Hu Receives 3,320 RSUs
What Happened
Frank C. Hu, a director of EQT Corporation (EQT), was granted 3,320 restricted stock units (RSUs) on April 14, 2026. The transaction is reported as an award/grant (transaction code A) of a derivative security; the filing shows a reported acquisition price of $0.00 because this is a compensatory RSU grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-14; Form 4 filed 2026-04-16 (timely filing).
- Award: 3,320 Restricted Stock Units (RSUs); transaction type: Award/Grant (code A).
- Reported price/value on filing: $0.00 (reflects award reporting, not cash paid).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes from the filing:
- F1: Each RSU represents a right to receive one share of EQT common stock.
- F2: All RSUs will vest on the date of the Company’s 2027 Annual Meeting of Shareholders; shares will be delivered upon vesting or, if the director elected to defer, following cessation of service.
- F3: Grant amount includes accrued dividends.
Context
RSUs are a derivative/compensatory grant that give the holder the right to receive company shares in the future if vesting conditions are met; they do not represent an immediate purchase or sale. Such awards are common for directors and executives as part of compensation and do not, by themselves, indicate a buy or sell signal.