Equifax (NYSE: EFX) director granted 1,253 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Melissa D reported acquisition or exercise transactions in this Form 4 filing.
Equifax director Melissa D. Smith reported an annual equity award rather than an open‑market trade. She received a grant of 1,253 shares of common stock at $175.62 per share under the company’s long‑term incentive plan, structured as restricted stock units that vest 100% on 5/7/2027.
Following this grant, Smith directly holds 6,802 shares of Equifax common stock. A separate entry shows 1,586 shares held indirectly through the Smith Trust u/a 4/2/09, reflecting additional trust ownership rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Melissa D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,253 | $175.62 | $220K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,802 shares (Direct, null);
Common Stock — 1,586 shares (Indirect, Smith Trust u/a 4/2/09)
Footnotes (1)
- Annual director grant pursuant to the Company's long-term incentive plan. The award of restricted stock units vests 100% on 5/7/2027. Includes accrued dividend equivalent units for dividends reinvested in corresponding restricted stock units through the Company's last dividend payment date.
Key Figures
Equity award size: 1,253 shares
Grant price: $175.62 per share
Direct holdings after grant: 6,802 shares
+2 more
5 metrics
Equity award size
1,253 shares
Annual director grant of common stock
Grant price
$175.62 per share
Price per share for awarded common stock
Direct holdings after grant
6,802 shares
Shares of Equifax common stock held directly post-transaction
Indirect trust holdings
1,586 shares
Common stock held via Smith Trust u/a 4/2/09
RSU vesting date
05/07/2027
Restricted stock units vest 100% on this date
Key Terms
restricted stock units, Annual director grant, long-term incentive plan, dividend equivalent units, +1 more
5 terms
restricted stock units financial
"The award of restricted stock units vests 100% on 5/7/2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual director grant financial
"Annual director grant pursuant to the Company's long-term incentive plan."
long-term incentive plan financial
"Annual director grant pursuant to the Company's long-term incentive plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
dividend equivalent units financial
"Includes accrued dividend equivalent units for dividends reinvested in corresponding restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
indirect ownership financial
"Common Stock holding reported as indirect via Smith Trust u/a 4/2/09."
FAQ
What insider transaction did Equifax (EFX) director Melissa D. Smith report?
Melissa D. Smith reported an equity award, not a market trade. She received 1,253 shares of Equifax common stock as a grant under the company’s long-term incentive plan, reflected as restricted stock units in her Form 4 filing.
When do Melissa D. Smith’s new Equifax (EFX) restricted stock units vest?
The restricted stock units from this grant vest 100% on May 7, 2027. Until vesting, they remain subject to the plan’s terms, after which they convert into shares of Equifax common stock for the director, assuming continued service conditions are met.
Was Melissa D. Smith’s Equifax (EFX) transaction an open-market purchase or sale?
It was not an open-market purchase or sale. The Form 4 shows a code “A” transaction, indicating a grant or award of 1,253 restricted stock units as compensation under Equifax’s long-term incentive plan, rather than a discretionary market trade.