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Equity Bancshares (NASDAQ: EQBK) CIO share sale covers tax on vested stock units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Equity Bancshares Inc. (EQBK) executive David Pass, Chief Information Officer, reported a sale of 147 shares of Class A Common Stock on 2026-08-17 at $51.31 per share. According to the disclosure, these shares were sold to pay tax withholding obligations related to the vesting of restricted stock units. After this transaction, Pass directly holds 8,491 shares, which include 107 shares purchased on February 14, 2026 and 92 shares purchased on August 14, 2026 under the company’s 2019 Employee Stock Purchase Plan. The transaction was not indicated as being made under a Rule 10b5-1 trading plan.

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Insider Pass David
Role Chief Information Officer
Sold 147 shs ($8K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 147 $51.31 $8K
Holdings After Transaction: Class A Common Stock — 8,491 shares (Direct)
Footnotes (2)
  1. F1. Represents shares sold to pay tax withholding obligations in connection with vesting of restricted stock units.
  2. F2. Includes 107 shares purchased on February 14, 2026 and 92 shares purchased on August 14, 2026 pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan
Shares sold 147 shares Class A Common Stock sold on 2026-08-17
Sale price $51.31 per share Price for the 147 shares sold on 2026-08-17
Shares held after transaction 8,491 shares Direct holdings of David Pass following the sale
ESPP purchase (Feb 14, 2026) 107 shares Shares bought under 2019 Employee Stock Purchase Plan
ESPP purchase (Aug 14, 2026) 92 shares Shares bought under 2019 Employee Stock Purchase Plan
restricted stock units financial
"in connection with vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares sold to pay tax withholding obligations in connection"
Employee Stock Purchase Plan financial
"purchased ... pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

What insider transaction did EQBK executive David Pass report?

David Pass reported selling 147 shares of Equity Bancshares Class A Common Stock at $51.31 per share on 2026-08-17. The filing states the shares were sold to satisfy tax withholding obligations from vesting restricted stock units.

How many EQBK shares does David Pass hold after this Form 4 transaction?

After the reported sale, David Pass directly holds 8,491 EQBK shares. This total includes shares acquired through the company’s 2019 Employee Stock Purchase Plan on February 14, 2026 and August 14, 2026.

At what price were the EQBK shares sold in David Pass’s Form 4 filing?

The 147 shares of Equity Bancshares Class A Common Stock were sold at $51.31 per share. The filing describes this as a sale transaction, with proceeds used to cover tax withholding obligations tied to restricted stock unit vesting.

Why did EQBK’s David Pass sell 147 shares according to the Form 4?

The Form 4 states the 147 shares were sold to pay tax withholding obligations in connection with the vesting of restricted stock units. This indicates the sale was related to tax settlement for equity compensation rather than a discretionary portfolio trade.

Were David Pass’s EQBK share sales made under a Rule 10b5-1 trading plan?

The filing shows the Rule 10b5-1 checkbox as not checked, indicating the transaction was not reported as being made under a Rule 10b5-1 trading plan. No separate footnote describes any pre-arranged trading arrangement.

What ESPP purchases are included in David Pass’s EQBK holdings?

Pass’s post-transaction holdings include 107 shares purchased on February 14, 2026 and 92 shares purchased on August 14, 2026. Both purchases were made under the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan, as disclosed in the footnotes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Pass David

(Last)(First)(Middle)
7701 E KELLOGG

(Street)
WICHITA KANSAS 67207

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EQUITY BANCSHARES INC [ EQBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Information Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/17/2026S147(1)D$51.318,491(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares sold to pay tax withholding obligations in connection with vesting of restricted stock units.
2. Includes 107 shares purchased on February 14, 2026 and 92 shares purchased on August 14, 2026 pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan
Remarks:
/s/ Chris Navratil, attorney-in-fact08/17/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)