Equity Bancshares director granted 1,103 restricted shares
Maland Jerry P reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Maland Jerry P reported acquisition or exercise transactions in this Form 4 filing.
Equity Bancshares Inc. director Jerry P. Maland received a grant of 1,103 restricted shares of Class A Common Stock as compensation. The shares were issued at $0.00 per share under the Equity Bancshares, Inc. 2022 Omnibus Equity Incentive Plan in lieu of retainer and meeting fees and will vest on May 1, 2027.
Following this award, Maland holds 20,091 shares directly, 5,508 shares indirectly through his spouse, and 113,028 shares indirectly through the Jerry Paul Maland & Jane Lou Maland Living Revocable Trust, where he and his spouse serve as co-trustees.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,103 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 and his spouse serve as Co-Trustees of the Jerry Paul Maland & Jane Lou Maland Living Revocable Trust DTD 9-21-99.
Key Figures
Key Terms
2022 Omnibus Equity Incentive Plan financial
Living Revocable Trust financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is the Form 4 transaction for EQBK a market buy or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.