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Equity Bancshares (EQBK) CEO awarded 3,848 new shares of stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Elliott Brad S reported acquisition or exercise transactions in this Form 4 filing.

Equity Bancshares CEO Brad S. Elliott received a grant of 3,848 shares of Class A Common Stock on February 25, 2026 at no cost, following certification of performance goals. He now directly owns 61,165 shares and indirectly holds 308,787 shares through Elliott Legacy, LLC, including 372 shares purchased under the 2019 Employee Stock Purchase Plan.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Elliott Brad S

(Last) (First) (Middle)
7701 E. KELLOGG DR., STE. 300

(Street)
WICHITA KS 67207

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EQUITY BANCSHARES INC [ EQBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/25/2026 A 3,848(1) A $0.00 61,165(2) D
Class A Common Stock 308,787 I By Elliott Legacy, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Vesting of additional performance shares following the Compensation Committee's certification of achievement of certain pre-established performance goals.
2. Includes 372 shares purchased on February 14, 2026 pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan.
Remarks:
On February 27, 2026, the reporting person filed a Form 4 which inadvertently reported vesting of 4,295 performance shares following the Compensation Committee's certification of achievement of certain pre-established performance goals. The Form 4 amendment is being filed to reflect the accurate number of Class A Common Stock that were vested.
/s/ Navratil, Chris, attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Equity Bancshares (EQBK) report for CEO Brad S. Elliott?

Equity Bancshares reported that CEO Brad S. Elliott received a grant of 3,848 shares of Class A Common Stock at no cost. The grant followed the Compensation Committee’s certification of achievement of pre-established performance goals, indicating a performance-based equity award.

How many Equity Bancshares shares does CEO Brad S. Elliott own after this Form 4/A?

After the reported transactions, CEO Brad S. Elliott directly owns 61,165 shares of Equity Bancshares Class A Common Stock. He also indirectly holds 308,787 shares through Elliott Legacy, LLC, reflecting both his personal and entity-associated ownership positions in the company.

What is the nature of the 3,848-share award to Equity Bancshares CEO Elliott?

The 3,848-share award to CEO Elliott is a performance-based grant of Class A Common Stock at a price of $0.00 per share. It vested after the Compensation Committee certified that certain pre-established performance goals had been achieved, as described in the footnote.

What does Elliott Legacy, LLC hold according to the Equity Bancshares Form 4/A?

Elliott Legacy, LLC is reported as holding 308,787 shares of Equity Bancshares Class A Common Stock indirectly for CEO Brad S. Elliott. This reflects shares attributed to him through the LLC, separate from his 61,165 shares of direct ownership reported in the filing.

What additional share purchase is disclosed for Equity Bancshares CEO Elliott?

The filing notes that CEO Elliott’s reported holdings include 372 shares purchased on February 14, 2026. These shares were acquired through the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan, adding to his overall reported Class A Common Stock position.

Was the 3,848-share transaction for Equity Bancshares CEO a market purchase?

No, the 3,848-share transaction was not a market purchase. It is coded as a grant or award acquisition with a price of $0.00 per share, reflecting vesting of performance shares rather than an open-market buy or sell transaction.
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