Equity Bancshares (EQBK) CEO receives new stock and option grants
Rhea-AI Filing Summary
Equity Bancshares Inc. reported new equity awards for Chief Executive Officer and director Brad S. Elliott on February 7, 2026. He received 3,014 time-based restricted stock units vesting in four equal installments starting February 7, 2026, plus 5,904 time-based units vesting in three equal installments beginning February 7, 2027. He was also granted 5,904 performance-based restricted units that cliff vest at the later of February 7, 2029 or when performance criteria are confirmed, if those criteria are met. In addition, he received a stock option for 17,419 shares of Class A common stock at an exercise price of $47.49, with 4,355 options vesting upon grant and the remainder vesting in three equal installments beginning February 7, 2027. The filing also notes 308,787 shares of Class A common stock held indirectly by Elliott Legacy, LLC, an entity managed by Elliott, with a disclaimer that he only claims beneficial ownership to the extent of his pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,419 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 3,014 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 5,904 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 5,904 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the grant of 3,014 shares of time-based restricted units vesting in four equal installments beginning on February 07, 2026. Represents the grant of 5,904 shares of time-based restricted units vesting in three equal installments beginning on February 07, 2027. Represents the grant of 5,904 shares of performance-based restricted units cliff vesting at the later of February 07, 2029 or the date at which performance criteria can be confirmed, if performance criteria are met. The reporting person is the managing member of Elliott Legacy, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose. Upon grant 4,355 of these options vest. The remaining vest in three equal installments beginning on February 07, 2027.
