Equity Bancshares (NASDAQ: EQBK) director granted 3,726 stock options at $45.34
Rhea-AI Filing Summary
Gaeddert Gregory L reported acquisition or exercise transactions in this Form 4 filing.
Equity Bancshares director Gregory L. Gaeddert received a stock option grant covering 3,726 shares of Class A Common Stock. The options have a strike price of $45.34 per share, were issued at no cost, and are part of his compensation.
These options were granted under the Equity Bancshares, Inc. 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees. They will vest on May 1, 2027 and expire on May 1, 2036. Following this filing, Gaeddert reports 21,990 shares held directly and 18,000 shares held indirectly through D&G Investments LLC, where he is managing member and disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gaeddert Gregory L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,726 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,726 shares (Direct);
Class A Common Stock — 21,990 shares (Direct);
Class A Common Stock — 18,000 shares (Indirect, D&G Investments LLC)
Footnotes (2)
- F1. The reporting person is the managing member of D&G Investments, LLC. The reporting person disclaims 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 of the reported shares for purposes of Section 16 or for any other purpose.
- F2. Represents stock options 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.
Key Figures
Stock options granted: 3,726 options
Option exercise price: $45.34 per share
Option vesting date: May 1, 2027
+4 more
7 metrics
Stock options granted
3,726 options
Grant of Stock Option (Right to Buy) on May 1, 2026
Option exercise price
$45.34 per share
Conversion or exercise price for 3,726 stock options
Option vesting date
May 1, 2027
Vesting of options granted in lieu of fees
Option expiration date
May 1, 2036
Expiration of 3,726 stock options
Direct common shares held
21,990 shares
Class A Common Stock held directly after transactions
Indirect common shares held
18,000 shares
Class A Common Stock held via D&G Investments LLC
Total derivative shares after grant
3,726 shares
Stock Option (Right to Buy) total following transaction
Key Terms
Stock Option (Right to Buy), Omnibus Equity Incentive Plan, retainer and meeting fees, pecuniary interest, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
Omnibus Equity Incentive Plan financial
"pursuant to the Equity Bancshares, Inc 2022 Omnibus Equity Incentive Plan"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
retainer and meeting fees financial
"issued to the reporting person ... in lieu of retainer and meeting fees"
pecuniary interest financial
"disclaims ownership of these securities except to the extent of his pecuniary interest therein"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of all of the reported shares"
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 did Gregory L. Gaeddert report in this Form 4 for EQBK?
Gregory L. Gaeddert reported a grant of stock options for 3,726 shares of Equity Bancshares Class A Common Stock. These options were issued as compensation in lieu of director retainer and meeting fees under the company’s 2022 Omnibus Equity Incentive Plan.
What are the key terms of Gregory Gaeddert’s new EQBK stock options?
Gaeddert’s new options cover 3,726 shares at a $45.34 exercise price. They vest on May 1, 2027 and expire on May 1, 2036, providing a long-dated incentive aligned with Equity Bancshares’ future performance.
How were the EQBK stock options granted to Gregory Gaeddert used as compensation?
The Form 4 states the 3,726 Equity Bancshares stock options were granted in lieu of director retainer and meeting fees. This means a portion of Gaeddert’s board compensation is paid in equity-linked incentives instead of cash payments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
