Director adds restricted Equity Bancshares (EQBK) shares via grant
Rhea-AI Filing Summary
Fergeson Clint Kendric reported acquisition or exercise transactions in this Form 4 filing.
Equity Bancshares Inc director Clint Kendric Fergeson reported an equity grant and updated holdings in Class A Common Stock. He received 1,103 restricted shares at no cost as compensation in lieu of retainer and meeting fees under the Equity Bancshares, Inc 2022 Omnibus Equity Incentive Plan. These restricted shares will vest on May 1, 2027, bringing his direct holdings to 2,005 shares.
The filing also lists an indirect holding of 1,729,783 shares of Class A Common Stock held by Fergeson Capital LLC, for which he is the sole manager and disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,103 shares
Net Buy
2 txns
Insider
Fergeson Clint Kendric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,103 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,005 shares (Direct);
Class A Common Stock — 1,729,783 shares (Indirect, By Fergeson Capital LLC)
Footnotes (2)
- F1. Represents restricted shares issued to the reporting person pursuant to the Equity Bancshares, Inc 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees. The shares will vest on the first anniversary of the grant date, or May 1, 2027.
- F2. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest in the shares. The reporting person is the sole manager of Fergeson Capital LLC.
Key Figures
Restricted share grant: 1,103 shares
Direct holdings after grant: 2,005 shares
Indirect LLC holdings: 1,729,783 shares
+1 more
4 metrics
Restricted share grant
1,103 shares
Class A Common Stock granted as director compensation
Direct holdings after grant
2,005 shares
Director’s direct Class A Common Stock position
Indirect LLC holdings
1,729,783 shares
Class A Common Stock held by Fergeson Capital LLC
Vesting date
May 1, 2027
Restricted shares vest on first anniversary of grant date
Key Terms
restricted shares, 2022 Omnibus Equity Incentive Plan, vest, pecuniary interest, +1 more
5 terms
2022 Omnibus Equity Incentive Plan 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.
pecuniary interest financial
"disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest in the shares."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did EQBK director Clint Kendric Fergeson report?
Director Clint Kendric Fergeson reported receiving 1,103 restricted shares of Equity Bancshares Class A Common Stock as compensation. The shares were granted in lieu of board retainer and meeting fees under the company’s 2022 Omnibus Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
