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.

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

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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)
02/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	02/07/2026		A		3,014(1)	A	$0.00	45,137	D
Class A Common Stock	02/07/2026		A		5,904(2)	A	$0.00	51,041	D
Class A Common Stock	02/07/2026		A		5,904(3)	A	$0.00	56,945	D
Class A Common Stock								308,787	I	By Elliott Legacy, LLC(4)

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
Stock Option (Right to Buy)	$47.49	02/07/2026		A		17,419		(5)	02/07/2036	Class A Common Stock	17,419	$0.00	17,419	D

Explanation of Responses:

1. Represents the grant of 3,014 shares of time-based restricted units vesting in four equal installments beginning on February 07, 2026.

2. Represents the grant of 5,904 shares of time-based restricted units vesting in three equal installments beginning on February 07, 2027.

3. 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.

4. 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.

5. Upon grant 4,355 of these options vest. The remaining vest in three equal installments beginning on February 07, 2027.

Remarks:

	/s/ Navratil, Chris, attorney-in-fact	02/10/2026
	** 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).
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FAQ

What insider transactions did EQBK CEO Brad S. Elliott report on February 7, 2026?

Brad S. Elliott reported grants of restricted stock units and stock options on February 7, 2026. These included multiple time-based and performance-based equity awards in Class A common stock as part of his compensation package.

How many restricted stock units were granted to EQBK’s CEO in this Form 4 filing?

The CEO received 3,014 time-based restricted stock units, 5,904 additional time-based units, and 5,904 performance-based restricted units. Each grant features different vesting schedules starting in 2026, 2027, and a performance-based cliff vesting tied to 2029 and meeting stated criteria.

What are the vesting terms for the EQBK performance-based restricted stock units?

The 5,904 performance-based restricted units cliff vest at the later of February 7, 2029 or the date performance criteria can be confirmed. Vesting occurs only if the specified performance conditions are met, making these awards contingent on long-term company results.

What stock option grant did the EQBK CEO receive according to this Form 4?

The CEO received a stock option for 17,419 shares of Class A common stock at an exercise price of $47.49. Upon grant, 4,355 options vest immediately, while the remaining options vest in three equal installments beginning on February 7, 2027.

How many EQBK shares are reported as indirectly held through Elliott Legacy, LLC?

The filing reports 308,787 shares of Class A common stock held indirectly through Elliott Legacy, LLC. Brad S. Elliott is the managing member and disclaims beneficial ownership of all these shares except to the extent of his pecuniary interest.

Is Brad S. Elliott both a director and officer of Equity Bancshares Inc. in this filing?

Yes. The Form 4 identifies Brad S. Elliott as both a director and an officer of Equity Bancshares Inc., serving specifically as Chief Executive Officer. The filing reflects equity awards related to his leadership and board roles at the company.