Equity Bancshares (EQBK) director Cook reports 2,070-share stock gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equity Bancshares Inc. director Kevin Earl Cook reported two bona fide gifts of Class A Common Stock, each involving 1,035 shares. These were recorded at a price of $0.00 per share, reflecting non-market, non-cash transfers.
After these transactions, Cook holds 23,978 shares indirectly through the Cook Family Trust dated July 12, 2021, where he serves as trustee, and 1,103 shares directly. The filing reflects estate or ownership planning rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,070 shares gifted
Mixed
2 txns
Insider
Cook Kevin Earl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 1,035 | $0.00 | -- |
| Gift | Class A Common Stock | 1,035 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,103 shares (Direct, null);
Class A Common Stock — 23,978 shares (Indirect, By Cook Family Trust DTD 7/12/2021)
Footnotes (1)
- Reflects the gift of shares from the reporting person to the Cook Family Trust dtd 7/12/2021. The reporting person is the trustee of the Cook Family Trust.
Key Figures
Gifted shares (total): 2,070 shares
Gifted shares per transaction: 1,035 shares
Indirect holdings after transactions: 23,978 shares
+2 more
5 metrics
Gifted shares (total)
2,070 shares
Two bona fide gift transactions of Class A Common Stock
Gifted shares per transaction
1,035 shares
Each individual gift of Class A Common Stock
Indirect holdings after transactions
23,978 shares
Class A Common Stock held via Cook Family Trust
Direct holdings after transactions
1,103 shares
Class A Common Stock held directly by Kevin Earl Cook
Gift price per share
$0.00 per share
Reported value for bona fide gift transactions
Key Terms
Class A Common Stock, bona fide gift, Cook Family Trust, indirect ownership
4 terms
Class A Common Stock financial
"two bona fide gifts of Class A Common Stock, each involving 1,035 shares"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
bona fide gift financial
"Both entries use transaction code G and are described as bona fide gifts"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Cook Family Trust financial
"indirectly through the Cook Family Trust dated July 12, 2021"
indirect ownership financial
"associated with indirect ownership "By Cook Family Trust DTD 7/12/2021""
