EquipmentShare founder buys 8,950 shares at ~$20
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
EquipmentShare.com Inc (EQPT) reported that Founder & President William J. Schlacks purchased a total of 8,950 shares of Class A Common Stock in open-market or private transactions on August 14, 17 and 18, 2026, at prices around $19.56–$21.36 per share, with some prices reported as weighted averages over intra-day ranges. He also reports indirect holdings of 13,592,263 shares through EQS Heritage Holdings LLC and 714,285 shares through EQS Legacy Holdings LLC, over which he and Jabbok Schlacks have controlling voting and dispositive power, while disclaiming beneficial ownership beyond any pecuniary interest.
Insider Trade Summary
Net Buyer: 8,950 shares
Net Buy
6 txns
Insider
Schlacks William J.
Role
Founder & President
Bought
8,950 shs ($183K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 4,000 | $19.56 | $78K |
| Purchase | Class A Common Stock F1 | 1,002 | $21.29 | $21K |
| Purchase | Class A Common Stock F2 | 2,098 | $21.36 | $45K |
| Purchase | Class A Common Stock | 1,850 | $20.81 | $38K |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 58,950 shares (Direct);
Class A Common Stock — 13,592,263 shares (Indirect, By EQS Heritage Holdings LLC);
Class A Common Stock — 714,285 shares (Indirect, By EQS Legacy Holdings LLC)
Footnotes (4)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.04 to $20.33 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.36 to $21.46 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F3. The reporting person is a managing member of EQS Heritage Holdings LLC and, jointly with Jabbok Schlacks, has controlling voting and dispositive power with regard to the shares held by the entity. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F4. The reporting person is a managing member of EQS Legacy Holdings LLC and, jointly with Jabbok Schlacks, has controlling voting and dispositive power with regard to the shares held by the entity. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
Key Figures
Total shares purchased: 8,950 shares
Purchase on 2026-08-18: 4,000 shares at $19.56 per share
Purchase on 2026-08-17 (weighted average range 1): 1,002 shares; $20.04–$20.33 per share
+4 more
7 metrics
Total shares purchased
8,950 shares
Aggregate Class A Common Stock purchases reported for August 14–18, 2026
Purchase on 2026-08-18
4,000 shares at $19.56 per share
Direct open-market or private purchase of Class A Common Stock
Purchase on 2026-08-17 (weighted average range 1)
1,002 shares; $20.04–$20.33 per share
Price reported as weighted average with intraday range per footnote F1
Purchase on 2026-08-17 (weighted average range 2)
2,098 shares; $21.36–$21.46 per share
Price reported as weighted average with intraday range per footnote F2
Purchase on 2026-08-14
1,850 shares at $20.81 per share
Direct open-market or private purchase of Class A Common Stock
Indirect holdings via EQS Heritage Holdings LLC
13,592,263 shares
Total Class A Common Stock held indirectly as of 2026-08-14
Indirect holdings via EQS Legacy Holdings LLC
714,285 shares
Total Class A Common Stock held indirectly as of 2026-08-14
Key Terms
weighted average price, beneficial ownership, pecuniary interest, dispositive power
4 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of such securities for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
dispositive power regulatory
"has controlling voting and dispositive power with regard to the shares held"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider buying did EQPT report for William J. Schlacks in this Form 4?
William J. Schlacks purchased 8,950 shares of EquipmentShare.com Inc (EQPT) Class A Common Stock between August 14–18, 2026. The Form 4 characterizes these as open-market or private purchases, with individual trades priced around $19.56–$21.36 per share, some reported as weighted-average prices.
What do the weighted-average price footnotes mean in this EQPT Form 4?
For certain trades, the reported price is a weighted average across multiple executions. Footnotes state shares were purchased in ranges of $20.04–$20.33 and $21.36–$21.46 per share, and that full trade-by-trade pricing details are available upon request to the issuer or SEC staff.
Is the reported EQPT insider trading under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not state that these trades occurred under a Rule 10b5-1 trading plan. The transactions are reported simply as purchases in open-market or private transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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