Equitable CEO sells shares, exercises stock options
Equitable Holdings, Inc. President and CEO Mark Pearson reported an option exercise and an open-market share sale.
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Form Type
4
Rhea-AI Filing Summary
Equitable Holdings, Inc. President and CEO Mark Pearson reported an option exercise and an open-market share sale. He exercised employee stock options for 27,200 shares of common stock at an exercise price of $23.18 per share, converting them into common shares.
On the same date, he sold 39,700 common shares in open-market transactions at a weighted average price of $41.6282 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on May 16, 2025. After these transactions, he directly holds about 789,183.2978 common shares and 81,600 employee stock options.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Pearson Mark
Role
President and CEO
Sold
39,700 shs ($1.65M)
Approx. gross sale proceeds
$1.65M
Approx. exercise cost
$630K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 27,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 27,200 | $23.18 | $630K |
| Sale | Common Stock | 39,700 | $41.6282 | $1.65M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 81,600 contracts (Direct);
Common Stock — 789,183.2978 shares (Direct)
Footnotes (4)
- F1. The sales reported and options exercised on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2025.
- F2. Includes Restricted Stock Units and 11,011 shares acquired under the Employee Stock Purchase Plan.
- F3. This transaction was executed in multiple trades at prices ranging from $41.2200 to $42.0700. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
- F4. Grant of employee stock option under the Issuer's 2019 Omnibus Incentive Plan exempt under Rule 16b-3. The options vested in three installments beginning on February 26, 2021.
Key Figures
Shares sold: 39,700 shares
Sale price: $41.6282 per share
Options exercised: 27,200 shares
+4 more
7 metrics
Shares sold
39,700 shares
Common stock open-market sale on April 20, 2026
Sale price
$41.6282 per share
Weighted average sale price for 39,700 shares
Options exercised
27,200 shares
Employee stock options converted to common stock
Option exercise price
$23.18 per share
Exercise price for 27,200 options
Shares held after transactions
789,183.2978 shares
Direct common stock holdings after trades
Options held after transactions
81,600 options
Employee stock options (right to buy) remaining
Sale price range
$41.22–$42.07 per share
Range of individual trade prices for sales
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Employee Stock Purchase Plan, weighted average sales price, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"sales reported and options exercised ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Includes Restricted Stock Units and 11,011 shares acquired under the Employee Stock Purchase Plan"
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.
Employee Stock Purchase Plan financial
"Includes Restricted Stock Units and 11,011 shares acquired under the Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
weighted average sales price financial
"The price reported above reflects the weighted average sales price"
2019 Omnibus Incentive Plan financial
"Grant of employee stock option under the Issuer's 2019 Omnibus Incentive Plan"
Rule 16b-3 regulatory
"Grant of employee stock option ... exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Equitable (EQH) CEO Mark Pearson report?
Mark Pearson reported exercising employee stock options for 27,200 Equitable common shares at $23.18 and selling 39,700 shares at a weighted average price of $41.6282. These transactions were disclosed in a Form 4 insider trading report for Equitable Holdings, Inc.
What employee stock options does Equitable (EQH) CEO Mark Pearson retain?
Following the option exercise reported, Mark Pearson holds 81,600 employee stock options with a right to buy Equitable common stock. The exercised 27,200 options were originally granted under Equitable’s 2019 Omnibus Incentive Plan and vested in three installments beginning February 26, 2021.
What does the weighted average sales price mean in Mark Pearson’s Equitable (EQH) Form 4?
The weighted average sales price of $41.6282 reflects multiple trades executed between $41.22 and $42.07. The filing notes that Mark Pearson will provide full trade-level detail, including exact share amounts and prices per trade, to the SEC staff, issuer, or shareholders upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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