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

Rhea-AI Filing Summary

Equitable Holdings insider Jeffrey J. Hurd, Chief Operating Officer, reported an acquisition of 243.75 shares of Equitable common stock on 08/12/2025. The filing states these were dividend equivalents issued as restricted stock units (RSUs) that vest and settle on the same terms as the underlying RSUs and carry a $0 per-share price. After the issuance, Hurd beneficially owns 95,467.78 shares (total includes RSUs). The Form 4 was signed by an attorney-in-fact on 08/14/2025.

Positive

• Dividend equivalents issued as RSUs were credited to the officer, preserving alignment with shareholder dividends
• Beneficial ownership increased to 95,467.78 shares, reflecting accumulated equity compensation including RSUs

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer received dividend-equivalent RSUs of 243.75 shares, modestly increasing reported beneficial ownership to 95,467.78 shares.

The reported transaction is routine compensation-related issuance rather than an open-market purchase or sale. The filing specifies these were dividend equivalents credited as RSUs that vest and settle under the same terms as existing awards, and were recorded at a $0 price per share. For investors, this is a non-cash equity accrual reflecting compensation policy and dividend treatment, not a signal of significant insider accumulation or disposition.

Corporate Governance Expert

TL;DR: Governance action reflects standard incentive plan mechanics; no governance red flags disclosed.

The Form 4 documents issuance of dividend equivalents in RSU form consistent with typical equity incentive plans. The report was filed by an attorney-in-fact and identifies Hurd as COO and an officer/director. There is no indication of amendments, related-party transactions, exercises, or derivative activity. As presented, the disclosure appears complete for the single non-derivative issuance described.

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^*

HURD JEFFREY J

(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 Operating 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		243.75(1)	A	$0	95,467.78(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 Jeffrey Hurd	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 transaction did Jeffrey J. Hurd report on Form 4 for EQH?

He reported receipt of 243.75 shares on 08/12/2025 issued as dividend equivalents in the form of RSUs.

Were the shares purchased or issued at market price?

The filing shows a $0 price for the 243.75 shares, indicating they were issued as dividend-equivalent RSUs, not an open-market purchase.

How many Equitable Holdings shares does Hurd beneficially own after the transaction?

The Form 4 reports total beneficial ownership of 95,467.78 shares, which includes RSUs.

What is the nature of the RSU dividend equivalents?

The filing states dividend equivalents accrue when dividends are paid on the underlying common shares, vest proportionally with those RSUs, and are settled on the same terms.

Who signed the Form 4 filing?

The form was signed by Michael Brudoley as attorney-in-fact for Jeffrey Hurd on 08/14/2025.