[Form 4] Equitable Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

William James Eckert IV, Chief Accounting Officer of Equitable Holdings, Inc. (EQH), reported a non‑derivative acquisition on 08/12/2025. The filing shows 44.45 dividend‑equivalent Restricted Stock Units (RSUs) were issued at $0 in connection with previously awarded RSUs; the filing explains these dividend equivalents are paid as RSUs that vest and settle on the same terms as the underlying awards. After the transaction, the reporting person beneficially owned 19,871.7 shares (the filing states this total includes RSUs). The Form 4 was signed by an attorney‑in‑fact on behalf of Mr. Eckert on 08/14/2025.

Positive

• Filed in compliance with Section 16 reporting requirements and signed by an attorney‑in‑fact
• Dividend equivalents disclosed clearly as RSUs with vesting/settlement terms tied to underlying awards
• No cash sale reported; the transaction was an issuance of equity in lieu of cash dividends

Negative

• None.

Insights

Financial Analyst

TL;DR Officer received dividend‑equivalent RSUs; ownership increased marginally, no cash purchase or sale reported.

The filing documents a small grant of 44.45 dividend‑equivalent RSUs issued at $0, recorded as an acquisition on 08/12/2025. Total beneficial ownership is noted as 19,871.7 shares including RSUs. This is a routine issuance tied to existing equity awards rather than an open‑market trade and carries no immediate cash outlay. For investors, the item is administrative and does not reflect a change in trading intent or a material shift in insider holdings.

Corporate Governance Expert

TL;DR Form 4 properly discloses issuance of dividend equivalents in RSU form; filing meets Section 16 reporting requirements.

The disclosure specifies the nature of the award—dividend equivalents on previously granted RSUs that vest and settle on the same schedule as the underlying awards—and records the resulting beneficial ownership balance. The Form 4 is signed by an attorney‑in‑fact and indicates the filer is an officer. This is a routine, compliant disclosure of compensation‑related equity accruals rather than a market transaction by the insider.

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^*

Eckert William James IV

(Last) (First) (Middle)

C/O EQUITABLE HOLDINGS, INC.

1345 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Equitable Holdings, Inc. [ EQH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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
Common Stock	08/12/2025		A		44.45(1)	A	$0	19,871.7(2)	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. 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.

2. Total includes RSUs.

Remarks:

	/s/ Michael Brudoley as attorney-in-fact for William Eckert	08/14/2025
	** 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 did EQH officer William Eckert report on Form 4?

The Form 4 reports the issuance of 44.45 dividend‑equivalent RSUs acquired on 08/12/2025 at $0 and a total beneficial ownership of 19,871.7 shares including RSUs.

Were these RSUs bought or granted as cash purchases?

No; the filing states these are dividend equivalents issued as RSUs and were recorded at $0, indicating they were granted rather than purchased.

Does the Form 4 show any sales by the reporting person?

No. The entry is coded as an acquisition of RSUs and the form does not report any disposals.

Does the filing indicate the reporting person’s role at EQH?

Yes; the filing lists William James Eckert IV as an Officer with the title Chief Accounting Officer.

When was the Form 4 signed and filed?

The signature block shows the form was signed by an attorney‑in‑fact on 08/14/2025 for the reported 08/12/2025 transaction.