Equity Bancshares EVP corrects stock grant amounts
A director and executive vice president of Equity Bancshares Inc. (EQBK) reported equity awards consisting of 1,685 shares of time-based restricted stock units and 1,685 shares of performance-based restricted stock units, both at a price of $0.00 per share.
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Rhea-AI Filing Summary
A director and executive vice president of Equity Bancshares Inc. (EQBK) reported equity awards consisting of 1,685 shares of time-based restricted stock units and 1,685 shares of performance-based restricted stock units, both at a price of $0.00 per share.
The time-based units vest in three equal installments beginning on February 9, 2027. The performance-based units cliff vest at the later of February 9, 2029 or when performance criteria can be confirmed, if those criteria are met. This amended filing corrects a prior report that had mistakenly stated two grants of 2,106 units each, or 4,212 units in total.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,685 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 1,685 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the grant of 1,685 shares of time-based restricted units vesting in three equal installments beginning on February 09, 2027.
- F2. Represents the grant of 1,685 shares of performance-based restricted units cliff vesting at the later of February 09, 2029 or the date at which performance criteria can be confirmed, if performance criteria are met.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EQBK report in this amended Form 4?
How do the time-based restricted stock units for EQBK’s executive vest?
What are the vesting terms for EQBK’s performance-based restricted units?
Did the EQBK executive pay cash for the reported restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.