STOCK TITAN

EquipmentShare (NYSE: EQPT) holder sells about 1.3M shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

EquipmentShare.com Inc (EQPT) had insider-related entities report open-market sales of Class A Common Stock and updated indirect holdings. On 2026-08-18, Romulus Capital III L.P. sold 1,285,402 shares at $20.62 per share. On 2026-08-14, the same entity sold 11,006 shares at a $21.0619 weighted average price, with actual prices ranging from $21.01 to $21.20. Separately, the filing reports indirect holdings of 2,802,872 shares by Romulus EquipmentShare Growth II L.P., 6,365,296 shares by Romulus EquipmentShare Growth L.P., and 182,000 shares by Romulus EquipmentShare Growth III L.P. Neil Chheda is associated with the general partners or managers of these entities and disclaims beneficial ownership of the reported shares except to the extent of any pecuniary interest.

Positive

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Negative

  • None.

Insights

Analyzing...

Insider Chheda Neil, Romulus EquipmentShare Growth L.P., Romulus EquipmentShare Growth II L.P., Madoda Engala LLC, Romulus EquipmentShare Growth III L.P., Romulus Capital Partners II LLC, Romulus Capital III, L.P.
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 1,296,408 shs ($26.74M)
Type Security Shares Price Value
Sale Class A Common Stock F2 1,285,402 $20.62 $26.50M
Sale Class A Common Stock F1, F2 11,006 $21.0619 $232K
holding Class A Common Stock F3 -- -- --
holding Class A Common Stock F4 -- -- --
holding Class A Common Stock F5 -- -- --
Holdings After Transaction: Class A Common Stock — 40,476,688 shares (Indirect, By Romulus Capital III L.P.); Class A Common Stock — 2,802,872 shares (Indirect, By Romulus EquipmentShare Growth II L.P.); Class A Common Stock — 6,365,296 shares (Indirect, By Romulus EquipmentShare Growth L.P.); Class A Common Stock — 182,000 shares (Indirect, By Romulus EquipmentShare Growth III L.P.)
Footnotes (5)
  1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.01 to $21.20, inclusive. 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 sold at each separate price.
  2. F2. The shares are held directly by Romulus Capital III, L.P. ("Romulus III"). Romulus Capital Partners II, LLC ("Romulus II GP") is the general partner of Romulus III. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
  3. F3. The shares are held directly by Romulus EquipmentShare Growth II L.P. ("RESG II"). Madoda Engala LLC ("Madoda Engala") is the general partner of RESG II. Neil Chheda is the manager of Madoda Engala, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
  4. F4. The shares are held directly by Romulus EquipmentShare Growth L.P. ("RESG"). Romulus II GP is the general partner of RESG. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
  5. F5. The shares are held directly by Romulus EquipmentShare Growth III L.P. ("RESG III"). Romulus II GP is the general partner of RESG III. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
Shares sold 2026-08-18 1,285,402 shares Class A Common Stock sold indirectly by Romulus Capital III L.P.
Price 2026-08-18 sale $20.62 per share Reported price for 1,285,402-share sale of Class A Common Stock
Shares sold 2026-08-14 11,006 shares Class A Common Stock sold indirectly by Romulus Capital III L.P.
Weighted average price 2026-08-14 $21.0619 per share Weighted average for multiple trades between $21.01 and $21.20
Shares held by RESG II 2,802,872 shares Indirect holding by Romulus EquipmentShare Growth II L.P. as of 2026-08-14
Shares held by RESG 6,365,296 shares Indirect holding by Romulus EquipmentShare Growth L.P. as of 2026-08-14
Shares held by RESG III 182,000 shares Indirect holding by Romulus EquipmentShare Growth III L.P. as of 2026-08-14
Total net shares sold 1,296,408 shares Net sell volume across reported non-derivative transactions
weighted average price financial
"The price reported in Column 4 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 financial
"disclaims beneficial ownership of the shares reported herein except to the extent"
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 of the Securities Exchange Act of 1934 regulatory
"beneficial owner of the securities reported in this filing for purposes of Section 16"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.

FAQ

What insider transactions were reported for EQPT on August 18, 2026?

On 2026-08-18, an entity associated with EQPT insider filings, Romulus Capital III L.P., sold 1,285,402 shares of Class A Common Stock at $20.62 per share in an open-market or private transaction.

What sales did Romulus Capital III L.P. report for EQPT on August 14, 2026?

On 2026-08-14, Romulus Capital III L.P. reported selling 11,006 EQPT shares at a $21.0619 weighted average price, with individual trade prices ranging from $21.01 to $21.20 per share.

How many EQPT shares do Romulus EquipmentShare Growth funds report holding after these transactions?

The filing reports indirect holdings of 2,802,872 EQPT shares by Romulus EquipmentShare Growth II L.P., 6,365,296 shares by Romulus EquipmentShare Growth L.P., and 182,000 shares by Romulus EquipmentShare Growth III L.P. as of 2026-08-14.

What is Neil Chheda’s relationship to the EQPT shares in this Form 4?

Neil Chheda is a managing member or manager of the general partners of the Romulus and Madoda Engala entities. He disclaims beneficial ownership of the EQPT shares except to the extent of his pecuniary interest, if any.

Were the EQPT insider sales made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions, and the footnotes do not state they were made pursuant to a Rule 10b5-1 trading plan.

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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Chheda Neil

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EquipmentShare.com Inc [ EQPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/14/2026S11,006D$21.0619(1)41,762,090IBy Romulus Capital III L.P.(2)
Class A Common Stock08/18/2026S1,285,402D$20.6240,476,688IBy Romulus Capital III L.P.(2)
Class A Common Stock2,802,872IBy Romulus EquipmentShare Growth II L.P.(3)
Class A Common Stock6,365,296IBy Romulus EquipmentShare Growth L.P.(4)
Class A Common Stock182,000IBy Romulus EquipmentShare Growth III L.P.(5)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Chheda Neil

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Romulus EquipmentShare Growth L.P.

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Romulus EquipmentShare Growth II L.P.

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Madoda Engala LLC

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Romulus EquipmentShare Growth III L.P.

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Romulus Capital Partners II LLC

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Romulus Capital III, L.P.

(Last)(First)(Middle)
90 BROADWAY

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.01 to $21.20, inclusive. 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 sold at each separate price.
2. The shares are held directly by Romulus Capital III, L.P. ("Romulus III"). Romulus Capital Partners II, LLC ("Romulus II GP") is the general partner of Romulus III. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
3. The shares are held directly by Romulus EquipmentShare Growth II L.P. ("RESG II"). Madoda Engala LLC ("Madoda Engala") is the general partner of RESG II. Neil Chheda is the manager of Madoda Engala, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
4. The shares are held directly by Romulus EquipmentShare Growth L.P. ("RESG"). Romulus II GP is the general partner of RESG. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
5. The shares are held directly by Romulus EquipmentShare Growth III L.P. ("RESG III"). Romulus II GP is the general partner of RESG III. Neil Chheda is the managing member of Romulus II GP, and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Chheda is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act.
/s/ Neil Chheda08/18/2026
/s/ Romulus EquipmentShare Growth L.P. By: Romulus Capital Partners II, LLC, General Partner, By: /s/ Neil Chheda, Managing Member08/18/2026
/s/ Romulus EquipmentShare Growth II L.P., By: Madoda Engala LLC, General Partner, By: /s/ Neil Chheda, Managing Member08/18/2026
/s/ Madoda Engala LLC By: /s/ Neil Chheda, Managing Member08/18/2026
/s/ Romulus EquipmentShare Growth III L.P., By: Romulus Capital Partners II, LLC, General Partner By: /s/ Neil Chheda, Managing Member08/18/2026
/s/ Romulus Capital Partners II, LLC By: /s/ Neil Chheda, Managing Member08/18/2026
/s/ Romulus Capital III, L.P. By: Romulus Capital Partners II, LLC, General Partner, By: /s/ Neil Chheda, Managing Member08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)