Equitable Holdings (EQH) officer receives 126.76 dividend-equivalent RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equitable Holdings, Inc. officer Seth P. Bernstein reported acquiring 126.7600 shares of common stock on a grant or award basis. These shares represent dividend equivalents that accrued on previously granted Restricted Stock Units (RSUs) under the company’s incentive plan, rather than an open-market purchase.
The filing states that dividend equivalents are issued in the form of RSUs and vest on the same schedule and terms as the underlying RSUs. Following this award, Bernstein directly holds a total of 55,734.5603 shares of common stock, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERNSTEIN SETH P
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 126.76 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,734.56 shares (Direct)
Footnotes (1)
- Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded pursuant to Issuer's incentive plan. Dividend equivalents accrue when dividends are paid on the common shares underlying the RSUs, and vest proportionally with and are subject to settlement and expiration upon the same terms as the RSUs to which they relate. Dividend equivalents are issued in the form of RSUs, each of which represents a contingent right to receive one share of common stock. Total includes RSUs.
FAQ
What did Equitable Holdings (EQH) insider Seth P. Bernstein report in this Form 4?
Seth P. Bernstein reported receiving 126.7600 shares of Equitable Holdings common stock as a grant or award. These shares are dividend equivalents tied to previously awarded RSUs and are not the result of an open-market stock purchase.
Is the EQH Form 4 for Seth P. Bernstein a stock purchase or compensation grant?
The Form 4 reflects a compensation-related grant, not a stock purchase. Bernstein received 126.7600 dividend-equivalent RSUs that accrued on earlier RSU awards, vesting and settling under the same terms as those underlying RSUs.
What are dividend equivalents on RSUs in the Equitable Holdings (EQH) Form 4?
Dividend equivalents are additional RSUs that accrue when dividends are paid on common shares underlying existing RSUs. For Equitable Holdings, these dividend-equivalent RSUs vest, settle, and expire on the same terms and schedule as the original RSUs they relate to.
Does the Equitable Holdings (EQH) Form 4 indicate any insider selling by Seth P. Bernstein?
The Form 4 does not report any insider selling by Seth P. Bernstein. It shows only an acquisition of 126.7600 shares through a grant of dividend-equivalent RSUs, with no sell transactions or dispositions disclosed in this filing.