Equitable Holdings (EQH) COO receives 272-share RSU dividend equivalent grant
Rhea-AI Filing Summary
Equitable Holdings, Inc. reported that Chief Operating Officer Jeffrey J. Hurd received an acquisition of 271.9100 shares of common stock in the form of dividend equivalents on previously awarded Restricted Stock Units (RSUs). These dividend equivalents vest and settle on the same terms as the related RSUs, bringing his directly held common stock (including RSUs) to 70,019.4132 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 271.91 shares
Net Buy
1 txn
Insider
HURD JEFFREY J
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 271.91 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 70,019.4132 shares (Direct)
Footnotes (2)
- F1. Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded pursuant to Issuer's incentive plan. Dividend equivalents accrue when and as 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.
- F2. Total includes RSUs.
Key Figures
RSU dividend equivalents granted: 271.9100 shares
Per-share grant price: $0.0000
Total holdings after transaction: 70,019.4132 shares
3 metrics
RSU dividend equivalents granted
271.9100 shares
Grant-type acquisition of common stock via dividend equivalents on RSUs
Per-share grant price
$0.0000
Price per share for the RSU dividend equivalent grant
Total holdings after transaction
70,019.4132 shares
Direct common stock position after transaction, including RSUs
Key Terms
Dividend equivalents, Restricted Stock Units, contingent right
3 terms
Dividend equivalents financial
"Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Restricted Stock Units financial
"Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"each of which represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did EQH Chief Operating Officer Jeffrey J. Hurd report on this Form 4?
Jeffrey J. Hurd reported an acquisition of 271.9100 shares of Equitable Holdings, Inc. common stock as dividend equivalents on previously granted RSUs. These awards carry no cash purchase price and follow the vesting terms of the underlying RSUs.
What are dividend equivalents on RSUs in the EQH Form 4 filing?
Dividend equivalents are additional RSUs granted when dividends are paid on the common shares underlying existing RSUs. They vest proportionally with, and are settled or expire on the same terms as, the related RSUs.