Equity Bancshares (EQBK) CEO granted 4,295 performance-based shares

Rhea-AI Filing Summary

Equity Bancshares Inc. reported that Chief Executive Officer Brad S. Elliott acquired 4,295 shares of Class A Common Stock on February 25, 2026 through a grant at a stated price of $0.0000 per share. The grant reflects vesting of additional performance shares after the Compensation Committee certified achievement of pre-established performance goals.

After this grant, Elliott directly owns 61,612 shares. He also has indirect ownership of 308,787 shares held by Elliott Legacy, LLC, as disclosed in the filing.

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

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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)
02/25/2026

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	02/25/2026		A		4,295(1)	A	$0.00	61,612(2)	D
Class A Common Stock								308,787	I	By Elliott Legacy, LLC

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. Vesting of additional performance shares following the Compensation Committee's certification of achievement of certain pre-established performance goals.

2. Includes 372 shares purchased on February 14, 2026 pursuant to the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan.

Remarks:

	/s/ Navratil, Chris, attorney-in-fact	02/27/2026
	** 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).
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FAQ

What did EQBK CEO Brad S. Elliott report on this Form 4?

Brad S. Elliott reported receiving a grant of 4,295 shares of Equity Bancshares Class A Common Stock. The award vested after the Compensation Committee certified that certain pre-established performance goals had been achieved, increasing his directly held share balance.

How many Equity Bancshares shares does the EQBK CEO now hold directly?

Following the reported award, Brad S. Elliott directly holds 61,612 shares of Equity Bancshares Class A Common Stock. This figure reflects the newly vested 4,295 performance-based shares granted on February 25, 2026, as disclosed in the insider report.

What is the nature of the 4,295-share transaction reported by EQBK’s CEO?

The 4,295 shares were acquired through a grant or award transaction, not an open-market purchase. They represent vested performance shares following Compensation Committee certification that certain pre-established performance goals were achieved for Equity Bancshares.

Does Brad S. Elliott have indirect ownership of EQBK shares?

Yes. The filing shows indirect ownership of 308,787 shares of Equity Bancshares Class A Common Stock. These shares are held through Elliott Legacy, LLC, indicating an additional beneficial stake beyond his directly held 61,612 shares.

Was any purchase price paid for the 4,295 Equity Bancshares shares granted?

The reported transaction lists a price of $0.0000 per share for the 4,295 shares. This indicates the award was granted as equity compensation rather than purchased in the open market, consistent with performance-based share vesting.

What triggered the vesting of the performance shares granted to EQBK’s CEO?

Vesting occurred after the Compensation Committee certified achievement of certain pre-established performance goals. Once those goals were confirmed as met, additional performance shares vested, resulting in the 4,295-share grant to Brad S. Elliott.