Equifax (NYSE: EFX) awards 4,790 restricted stock units to EVP Sunil Bindal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equifax Inc. reported that EVP and Chief Corporate Development Officer Sunil Bindal acquired 4,790 shares of common stock through a grant classified as a grant, award, or other acquisition. This award represents restricted stock units that vest 100% on February 25, 2029.
Following this equity grant, Bindal’s directly held common stock position increased to 13,446 shares. The reported holdings also include accrued dividend equivalent units that reflect dividends reinvested into 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
Bindal Sunil
Role
EVP, Chief Corp Dev Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,790 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,446 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 did Equifax (EFX) executive Sunil Bindal report in this Form 4 filing?
Sunil Bindal reported receiving a grant of 4,790 shares of Equifax common stock as a form of equity compensation. The award is classified as a grant or other acquisition, increasing his directly held position to 13,446 shares after the transaction.
What type of equity award did Equifax (EFX) grant to Sunil Bindal?
Equifax granted Sunil Bindal restricted stock units (RSUs) tied to its common stock. The Form 4 describes the transaction as a grant or award, with the RSUs subject to a vesting schedule and including associated dividend equivalent units.
When do Sunil Bindal’s new Equifax (EFX) restricted stock units vest?
The newly granted restricted stock units to Sunil Bindal vest 100% on February 25, 2029. This means the full award becomes deliverable on that date, assuming applicable conditions are met, reflecting a long-term incentive aligned with Equifax’s compensation structure.
What are dividend equivalent units mentioned in the Equifax (EFX) Form 4 for Sunil Bindal?
Dividend equivalent units represent dividends credited on restricted stock units rather than paid in cash. In Bindal’s case, they reflect dividends reinvested into additional RSU units through Equifax’s last dividend payment date, increasing his reported equity-based holdings.
Does this Equifax (EFX) Form 4 indicate a market purchase or sale by Sunil Bindal?
No, the Form 4 shows a grant/award acquisition of 4,790 shares at a price of $0.00 per share, not an open-market trade. It reflects equity compensation rather than a discretionary purchase or sale in the public market.