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Equity Bancshares (EQBK) CEO awarded 7,336 time and performance units

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

Rhea-AI Filing Summary

Equity Bancshares Inc. reported that bank Chief Executive Officer Richard M. Sems received two equity grants on February 7, 2026. He was awarded 3,668 shares of time-based restricted units vesting in three equal installments beginning on February 7, 2027, and 3,668 performance-based restricted units that cliff vest at the later of February 7, 2029 or when performance criteria can be confirmed, if those criteria are met. Following these grants, he directly beneficially owned 26,026 shares of Class A common stock.

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Insider Sems Richard M
Role Chief Executive Officer, Bank
Type Security Shares Price Value
Grant/Award Class A Common Stock 3,668 $0.00 --
Grant/Award Class A Common Stock 3,668 $0.00 --
Holdings After Transaction: Class A Common Stock — 22,358 shares (Direct)
Footnotes (1)
  1. Represents the grant of 3,668 shares of time-based restricted units vesting in three equal installments beginning on February 07, 2027. Represents the grant of 3,668 shares of performance-based restricted units cliff vesting at the later of February 07, 2029 or the date at which performance criteria can be confirmed, if performance criteria are met.
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*
Sems Richard M

(Last) (First) (Middle)
7701 E KELLOGG SUITE 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer, Bank
3. Date of Earliest Transaction (Month/Day/Year)
02/07/2026
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 02/07/2026 A 3,668(1) A $0.00 22,358 D
Class A Common Stock 02/07/2026 A 3,668(2) A $0.00 26,026 D
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. Represents the grant of 3,668 shares of time-based restricted units vesting in three equal installments beginning on February 07, 2027.
2. Represents the grant of 3,668 shares of performance-based restricted units cliff vesting at the later of February 07, 2029 or the date at which performance criteria can be confirmed, if performance criteria are met.
Remarks:
/s/ Chris Navratil, attorney-in-fact 02/10/2026
** 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 report for CEO Richard M. Sems?

EQBK reported that CEO Richard M. Sems received two equity grants totaling 7,336 restricted units of Class A common stock. These include time-based and performance-based awards that vest over several years, tying his compensation to longer-term service and performance conditions.

How many Equity Bancshares (EQBK) shares does the CEO beneficially own after this Form 4?

After the reported grants, CEO Richard M. Sems directly beneficially owned 26,026 shares of Equity Bancshares Class A common stock. This figure reflects his updated holdings following the February 7, 2026 awards reported in the Form 4 filing.

What are the terms of the time-based restricted units granted to EQBKs CEO?

The time-based restricted units granted to EQBKs CEO cover 3,668 shares of Class A common stock. They vest in three equal installments starting on February 7, 2027, providing staged ownership over time as continued service conditions are satisfied.

How do the performance-based restricted units for EQBKs CEO vest?

The performance-based restricted units for EQBKs CEO also cover 3,668 shares of Class A common stock. They cliff vest at the later of February 7, 2029 or when specified performance criteria can be confirmed, and only if those performance conditions are ultimately met.

Did EQBKs CEO pay cash for the newly granted shares reported on Form 4?

No cash payment was reported for these grants. The Form 4 shows 3,668 shares in each grant at a price of $0.00 per share, indicating they were awarded as equity compensation rather than purchased in the open market.

Are the EQBK CEOs new restricted units held directly or indirectly?

The updated holdings of 26,026 shares of Class A common stock are reported as directly owned. The filing does not indicate any indirect ownership entity, so these beneficially owned shares are attributed directly to Richard M. Sems.