Equity Bancshares (EQBK) director receives 1,103 restricted shares as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equity Bancshares Inc director Junetta M. Everett received a grant of restricted stock as part of board compensation. On May 1, 2026, she acquired 1,103 shares of Class A Common Stock at no cash cost, issued under the Equity Bancshares, Inc. 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees. Following this award, she directly holds 14,141 shares. The restricted shares are scheduled to vest on May 1, 2027, one year after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Everett Junetta M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,103 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 14,141 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 1,103 shares
Transaction price per share: $0.0000 per share
Shares held after grant: 14,141 shares
+1 more
4 metrics
Restricted shares granted
1,103 shares
Grant of Class A Common Stock on May 1, 2026
Transaction price per share
$0.0000 per share
Equity award issued in lieu of cash fees
Shares held after grant
14,141 shares
Total direct holdings following the transaction
Vesting date
May 1, 2027
Restricted shares vest on first anniversary of grant
Key Terms
restricted shares, 2022 Omnibus Equity Incentive Plan, in lieu of retainer and meeting fees, vest
4 terms
2022 Omnibus Equity Incentive Plan financial
"pursuant to the Equity Bancshares, Inc 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees"
in lieu of retainer and meeting fees financial
"issued to the reporting person pursuant to the Equity Bancshares, Inc 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees"
vest financial
"The shares will vest on the first anniversary of the grant date, or May 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.