EquipmentShare (NYSE: EQPT) founder lifts stake with 2,000-share buy
Rhea-AI Filing Summary
EquipmentShare.com Inc (EQPT) reported that founder and president William J. Schlacks, a director and member of a 10% owner group, purchased 2,000 shares of Class A Common Stock on 2026-08-21 at $18.64 per share in an open-market or private transaction. Following this trade, he holds 60,950 shares directly. The filing also lists 13,592,263 shares held indirectly through EQS Heritage Holdings LLC and 714,285 shares held indirectly through EQS Legacy Holdings LLC, with Schlacks as a managing member and joint controlling party; he disclaims beneficial ownership of these indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
3 txns
Insider
Schlacks William J.
Role
Founder & President
Bought
2,000 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 2,000 | $18.64 | $37K |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 60,950 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 (2)
- F1. 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.
- F2. 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
Shares purchased: 2,000 shares of Class A Common Stock
Purchase price per share: $18.64 per share
Direct holdings after transaction: 60,950 shares
+2 more
5 metrics
Shares purchased
2,000 shares of Class A Common Stock
Open-market or private purchase on 2026-08-21 by William J. Schlacks
Purchase price per share
$18.64 per share
Price for 2,000 EQPT Class A shares bought on 2026-08-21
Direct holdings after transaction
60,950 shares
Class A Common Stock directly held by William J. Schlacks following the purchase
Indirect holdings via EQS Heritage Holdings LLC
13,592,263 shares
Class A Common Stock held indirectly; beneficial ownership disclaimed except for pecuniary interest
Indirect holdings via EQS Legacy Holdings LLC
714,285 shares
Class A Common Stock held indirectly; beneficial ownership disclaimed except for pecuniary interest
Key Terms
beneficial ownership, pecuniary interest, Section 16, dispositive power
4 terms
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"
Section 16 regulatory
"for purposes of Section 16, except to the extent of his pecuniary interest"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
dispositive power financial
"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
What insider transaction did EQPT report for William J. Schlacks?
William J. Schlacks reported a purchase of 2,000 shares of EquipmentShare.com Inc Class A Common Stock on 2026-08-21 in an open-market or private transaction at $18.64 per share.
What indirect holdings in EQPT are associated with William J. Schlacks?
The filing lists 13,592,263 shares held through EQS Heritage Holdings LLC and 714,285 shares held through EQS Legacy Holdings LLC. Schlacks is a managing member of both entities and jointly exercises voting and dispositive power.
Does William J. Schlacks claim full beneficial ownership of his indirect EQPT holdings?
No. He disclaims beneficial ownership of the shares held by EQS Heritage Holdings LLC and EQS Legacy Holdings LLC for Section 16 purposes, except to the extent of his pecuniary interest, if any.
Was the EQPT insider transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), so the transaction is not reported as made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
