Equitable Holdings (NYSE: EQH) executive awarded 131 RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BERNSTEIN SETH P reported acquisition or exercise transactions in this Form 4 filing.
Equitable Holdings, Inc. executive Seth P. Bernstein reported an automatic award tied to prior Restricted Stock Units, receiving 131.27 shares-equivalent at no cost as dividend equivalents under the company’s incentive plan. Following this grant, his direct holdings, including RSUs, total 55,865.8303 shares of common stock.
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 | 131.27 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,865.83 shares (Direct, null)
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.
Key Figures
RSU dividend-equivalent grant: 131.27 shares
Grant price: $0.00 per share
Total holdings after transaction: 55,865.8303 shares
3 metrics
RSU dividend-equivalent grant
131.27 shares
Dividend equivalents on existing RSUs
Grant price
$0.00 per share
Award classified as grant/award acquisition
Total holdings after transaction
55,865.8303 shares
Direct holdings including RSUs after award
Key Terms
Restricted Stock Units, dividend equivalents, incentive plan, contingent right
4 terms
Restricted Stock Units financial
"Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded pursuant to Issuer's incentive 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.
dividend equivalents financial
"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."
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.
incentive plan financial
"Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded pursuant to Issuer's incentive plan."
contingent right financial
"Dividend equivalents are issued in the form of RSUs, each of which represents a contingent right to receive one share of common stock."
FAQ
What insider transaction did EQH executive Seth P. Bernstein report?
Seth P. Bernstein reported an automatic award related to existing Restricted Stock Units, acquiring 131.27 shares-equivalent of Equitable Holdings common stock. The award reflects dividend equivalents under the company’s incentive plan rather than an open-market purchase or sale.
What are dividend equivalents on EQH Restricted Stock Units (RSUs)?
Dividend equivalents on RSUs are additional units that accrue when dividends are paid on underlying common shares. For Equitable Holdings, these equivalents vest proportionally with the original RSUs and are settled or expire on the same terms as the related RSU awards.