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Equity Bancshares (EQBK) CEO delivers 5,852 shares for tax withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Equity Bancshares Inc. Chief Executive Officer Brad S. Elliott reported routine tax-related share dispositions. On March 2, 2026, a total of 5,852 shares of Class A Common Stock were withheld at prices of $46.00 and $47.49 per share to cover tax liabilities, not as open-market sales. Following these transactions, Elliott directly holds 55,313 shares. An additional 308,787 shares are held indirectly by Elliott Legacy, LLC, an entity for which he is managing member and where he disclaims beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.
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
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*
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)
03/02/2026
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 03/02/2026 F 5,517 D $46 55,648 D
Class A Common Stock 03/02/2026 F 335 D $47.49 55,313 D
Class A Common Stock 308,787 I By Elliott Legacy, LLC(1)
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
Explanation of Responses:
1. 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.
Remarks:
/s/ Navratil, Chris, attorney-in-fact 03/03/2026
** 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).
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.

FAQ

What insider transaction did EQBK CEO Brad S. Elliott report?

Brad S. Elliott reported tax-related share dispositions, not open-market sales. On March 2, 2026, 5,852 shares of Equity Bancshares Class A Common Stock were withheld to satisfy tax liabilities, reflecting standard administrative treatment of equity compensation rather than discretionary trading activity.

How many EQBK shares were used for Brad S. Elliott’s tax withholding?

A total of 5,852 Equity Bancshares Class A Common Stock shares were withheld. These consisted of 5,517 shares at $46.00 per share and 335 shares at $47.49 per share, all applied toward payment of tax obligations tied to his equity compensation.

How many Equity Bancshares shares does Brad S. Elliott hold directly after this filing?

After the reported tax-withholding dispositions, Brad S. Elliott directly holds 55,313 shares of Equity Bancshares Class A Common Stock. This figure reflects his remaining direct ownership position following the delivery of shares to satisfy tax liabilities on March 2, 2026.

What is Elliott Legacy, LLC’s role in EQBK share ownership?

Elliott Legacy, LLC holds 308,787 shares of Equity Bancshares Class A Common Stock as an indirect owner. Brad S. Elliott is the managing member but disclaims beneficial ownership of these securities except for his pecuniary interest, according to the footnote disclosure in the filing.

Were Brad S. Elliott’s EQBK transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They are coded as “F,” meaning shares were delivered to pay tax liabilities. This tax-withholding disposition is a routine administrative mechanism associated with equity compensation, not a discretionary market trade.

Why are the EQBK insider transactions labeled as tax-withholding dispositions?

The transactions are described as payment of tax liability by delivering securities. Code “F” and the description confirm shares were used to cover taxes on equity awards, indicating a non-market, compensation-related adjustment rather than a voluntary purchase or sale in the open market.

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