Equity Bancshares (EQBK) CEO receives 92,852-share option award

Rhea-AI Filing Summary

Equity Bancshares Inc. insider activity: A Form 4 reports that the company’s Chief Executive Officer and Director entered into a new stock option award on January 5, 2026. The filing shows a stock option (right to buy) for 92,852 shares of Class A common stock with an exercise price of $44.86 per share, expiring on January 5, 2036. The option will vest in five equal annual installments beginning on January 5, 2027.

After this transaction, the reporting person is shown as beneficially owning 45,264 shares of Class A common stock directly and 308,787 shares indirectly through Elliott Legacy, LLC, for which he is the managing member. The filing notes that he disclaims beneficial ownership of the indirect shares except to the extent of his pecuniary interest.

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
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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)
01/05/2026

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								45,264	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
Stock Option (Right to Buy)	$44.86	01/05/2026		A		92,852		(2)	01/05/2036	Class A Common Stock	92,852	$0.00	92,852	D

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.

2. The option vests in five equal annual installments beginning on January 5, 2027.

Remarks:

	/s/ Navratil, Chris, attorney-in-fact	01/07/2026
	** 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 was reported for EQBK on January 5, 2026?

The Form 4 for Equity Bancshares Inc. (EQBK) reports that the Chief Executive Officer and Director received a stock option (right to buy) for 92,852 shares of Class A common stock on January 5, 2026 at an exercise price of $44.86 per share.

What are the key terms of the new EQBK stock option grant?

The new stock option covers 92,852 shares of EQBK Class A common stock with an exercise price of $44.86 per share and an expiration date of January 5, 2036. It vests in five equal annual installments beginning on January 5, 2027.

How many EQBK shares does the reporting person own directly and indirectly?

The filing shows the reporting person directly beneficially owns 45,264 shares of EQBK Class A common stock and indirectly beneficially owns 308,787 shares through Elliott Legacy, LLC.

What is Elliott Legacy, LLC’s role in the EQBK Form 4 filing?

The filing states that the reporting person is the managing member of Elliott Legacy, LLC, which holds 308,787 shares of EQBK Class A common stock. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

How does the EQBK option grant vest over time?

According to the Form 4, the stock option for 92,852 shares of EQBK Class A common stock vests in five equal annual installments starting on January 5, 2027.

What is the expiration date of the reported EQBK stock option?

The reported stock option for 92,852 shares of EQBK Class A common stock has an expiration date of January 5, 2036, as disclosed in the Form 4.