Sems Richard M 4
4 · EQUITY BANCSHARES INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Equity Bancshares (EQBK) CEO Richard Sems Receives Award
What Happened
Richard M. Sems, CEO of Equity Bancshares (EQBK), received two equity awards on February 7, 2026: 3,668 time-based restricted share units and 3,668 performance-based restricted share units, for a total of 7,336 units. Each grant was reported at an acquisition price of $0.00 (standard for equity compensation grants); the filing lists these as award/grant transactions (code A).
Key Details
- Transaction date: 2026-02-07; Report filed: 2026-02-10.
- Grants: 3,668 time-based RSUs (F1) + 3,668 performance-based RSUs (F2) = 7,336 total. Acquisition price reported: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Time-based RSUs vest in three equal installments beginning Feb 7, 2027.
- F2: Performance-based RSUs cliff vest at the later of Feb 7, 2029 or the date performance criteria can be confirmed, if met.
- Filing timeliness: report was filed Feb 10, 2026; no late-filing flag (transactionTimeliness = 'L') is indicated in the summary provided.
Context
These awards are compensation grants (restricted units), not open-market purchases or sales. Time-based RSUs vest over scheduled installments; performance RSUs only vest if specified performance goals are met and typically cliff-vest. Such grants are routine for executives and reflect compensation design rather than an immediate buy/sell signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-07+3,668→ 22,358 total - Award
Class A Common Stock
[F2]2026-02-07+3,668→ 26,026 total
Footnotes (2)
- [F1]Represents the grant of 3,668 shares of time-based restricted units vesting in three equal installments beginning on February 07, 2027.
- [F2]Represents the grant of 3,668 shares of performance-based restricted units cliff vesting at the later of February 07, 2029 or the date at which performance criteria can be confirmed, if performance criteria are met.