Bolen J.E.B. 4
Research Summary
AI-generated summary
EQT EVP J.E.B. Bolen Sells Shares for Tax Withholding
What Happened
J.E.B. Bolen, Executive Vice President — Operations at EQT Corp (EQT), had a total of 2,025 EQT shares withheld to satisfy tax withholding obligations tied to restricted stock unit (RSU) vesting. The filing shows 1,140 shares withheld at $58.70 each ($66,918) and 885 shares withheld at $58.70 each ($51,950), for a combined value of approximately $118,868. These were tax-withholding dispositions (Form 4 code F), not open-market sales.
Key Details
- Transaction dates: February 13, 2026 (both entries) at $58.70 per share.
- Shares withheld: 1,140 and 885 (2,025 total); total value ≈ $118,868.
- Shares owned after the transaction: not stated in the provided filing excerpt.
- Footnotes: F1 and F3 indicate the withholdings were to cover taxes on RSU vestings (grants dated Feb 13, 2023 and Feb 13, 2025). F2 notes inclusion of accrued dividends. Footnotes state there was no market transaction.
- Timeliness: Transaction dated Feb 13, 2026; Form 4 filed Feb 18, 2026 — appears timely (filed within the SEC’s two business-day window).
Context
These entries reflect routine tax-withholding (a cashless settlement) when RSUs vest; shares are withheld by the company to pay required taxes rather than sold on the open market. Such withholdings are administrative and do not necessarily signal the insider’s view of the company’s stock. Purchases or open-market sales tend to be more informative about insider sentiment.