Borck Leon 4
Research Summary
AI-generated summary
EQUITY BANCSHARES (EQBK) Director Leon Borck Gifts 1,035 Shares
What Happened
- Leon Borck, a director of Equity Bancshares, Inc. (EQBK), reported gifting 1,035 shares on 2026-06-09. The filing shows matching entries: 1,035 shares disposed and 1,035 shares acquired, both at $0.00, reflecting a gift transaction with a reported total value of $0.00.
Key Details
- Transaction date: 2026-06-09.
- Transaction type/code: Gift (G).
- Price per share: $0.00; reported total value: $0.
- Reported as both a disposal and an acquisition of 1,035 shares (consistent with a transfer to a trust).
- Shares owned after the transaction: Not specified in this filing.
- Footnotes:
- F1: Gifted to the Leon Harold Borck Trust dated 09/23/1994.
- F2: Reporting person is trustee of that trust.
- F3: Reporting person is President of EDBI, Inc., and disclaims beneficial ownership except for any pecuniary interest.
- Filing timeliness: Report filed on 2026-06-09 for the same date of transaction (no late filing indicated).
Context
- Gift transactions transfer ownership but do not necessarily indicate the insider’s view of the company’s prospects; they can be for estate planning or personal reasons.
- The trustee role and the disclaimer of beneficial ownership (footnote F3) mean the reporting person limits claimed ownership interest for Section 16 purposes.