Fergeson Clint Kendric 4
Research Summary
AI-generated summary
EQBK Director Fergeson Receives 1,103 Restricted Shares
What Happened
Clint Kendric Fergeson, a director of Equity Bancshares, Inc. (EQBK), was granted 1,103 restricted shares on May 1, 2026. The reported acquisition price is $0 (award/grant, code A). The shares were issued in lieu of retainer and meeting fees and will vest on May 1, 2027. The filing reports no cash paid for the award (total reported value $0).
Key Details
- Transaction date: May 1, 2026; Filing date (Form 4): May 5, 2026 — filing is timely (within two business days).
- Transaction type/code: Award/Grant (A). Price per share reported: $0. Total reported acquisition value: $0.
- Vesting: Shares vest on the first anniversary of the grant (May 1, 2027) per footnote.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (1) Shares issued under the 2022 Omnibus Equity Incentive Plan in lieu of retainer/meeting fees. (2) Reporting person disclaims beneficial ownership except for pecuniary interest; he is sole manager of Fergeson Capital LLC.
Context
This is a restricted-share award to compensate a director (common non-cash compensation) rather than an open-market purchase or sale. Such grants are routine and subject to vesting; they do not necessarily indicate a change in the director’s market view.