Equifax (EFX) EVP Chad Borton receives 16,466-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equifax Inc. executive Chad M. Borton, EVP and President of Workforce Solutions, reported an acquisition of 16,466 shares of common stock as a grant or award. This annual equity grant is in the form of restricted stock units that vest 100% on February 25, 2029. Following this grant, Borton directly owns 33,806 shares of Equifax common stock. The reported holdings include accrued dividend equivalent units for dividends that were reinvested in the corresponding restricted stock units through the company’s last dividend payment date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Borton Chad M
Role
EVP, Pres Workforce Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,466 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,806 shares (Direct)
Footnotes (1)
- Annual equity grant pursuant to the Company's long-term incentive plan. The award of restricted stock units vests 100% on February 25, 2029. Includes accrued dividend equivalent units for dividends reinvested in corresponding restricted stock units through the Company's last dividend payment date.
FAQ
What insider transaction did Equifax (EFX) executive Chad M. Borton report?
Chad M. Borton reported acquiring 16,466 shares of Equifax common stock through a grant of restricted stock units. The transaction was coded as a grant or award acquisition and reflects equity compensation rather than an open-market purchase or sale.
What role does Chad M. Borton hold at Equifax (EFX) in this Form 4 filing?
Chad M. Borton is listed as an officer of Equifax, serving as Executive Vice President and President of Workforce Solutions. His position is explicitly identified in the filing and explains why his equity grant must be reported as an insider transaction.
When do Chad M. Borton’s Equifax restricted stock units vest?
The award of restricted stock units to Chad M. Borton vests 100% on February 25, 2029. This single vesting date means the entire grant becomes fully vested at that time, assuming continued satisfaction of any applicable conditions in the company’s plan.
What does the dividend equivalent footnote mean in Chad M. Borton’s Equifax grant?
The filing states that the reported amount includes accrued dividend equivalent units. These represent dividends reinvested in corresponding restricted stock units through Equifax’s last dividend payment date, effectively increasing the number of units tied to the original equity award.
Is Chad M. Borton’s Equifax transaction a market buy or sell?
No, the reported transaction is not a market buy or sell. It is coded as an acquisition due to a grant or award of restricted stock units under Equifax’s long-term incentive plan, with no transaction price per share indicated in the Form 4 data.