EquipmentShare founder buys 10,000 shares at $17.79
Founder and president William J. Schlacks reported buying 10,000 EQPT Class A shares and detailed substantial indirect holdings through affiliated LLCs.
Rhea-AI Filing Summary
EquipmentShare.com Inc (EQPT) insider William J. Schlacks, Founder & President and a director, purchased 10,000 shares of Class A Common Stock on September 2, 2026 at $17.79 per share in an open-market or private transaction. He now holds 70,950 shares directly, plus large indirect interests through EQS Heritage Holdings LLC and EQS Legacy Holdings LLC, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
3 txns
Insider
Schlacks William J.
Role
Founder & President
Bought
10,000 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 10,000 | $17.79 | $178K |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 70,950 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: 10,000 shares
Purchase price per share: $17.79 per share
Direct holdings after transaction: 70,950 shares
+2 more
5 metrics
Shares purchased
10,000 shares
Class A Common Stock bought on September 2, 2026
Purchase price per share
$17.79 per share
Price for the 10,000 Class A shares purchased on September 2, 2026
Direct holdings after transaction
70,950 shares
Class A Common Stock directly owned by William J. Schlacks after the purchase
Indirect holdings via EQS Heritage Holdings LLC
13,592,263 shares
Class A Common Stock held indirectly, with Schlacks as managing member
Indirect holdings via EQS Legacy Holdings LLC
714,285 shares
Class A Common Stock held indirectly, with Schlacks as managing member
Key Terms
disclaims beneficial ownership, pecuniary interest, controlling voting and dispositive power, Section 16
4 terms
disclaims beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of such securities for purposes"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
controlling voting and dispositive power regulatory
"jointly with Jabbok Schlacks, has controlling voting and dispositive power"
Section 16 regulatory
"for purposes of Section 16, except to the extent of his pecuniary"
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.
FAQ
What insider transaction did EQPT report for William J. Schlacks?
William J. Schlacks reported a purchase of 10,000 EQPT Class A shares on September 2, 2026 in an open-market or private transaction at $17.79 per share, increasing his direct ownership.
How does William J. Schlacks describe his beneficial ownership of EQS Heritage and EQS Legacy EQPT shares?
He and Jabbok Schlacks have controlling voting and dispositive power over shares held by EQS Heritage Holdings LLC and EQS Legacy Holdings LLC, but he disclaims beneficial ownership for Section 16 purposes except to the extent of his pecuniary interest, if any.
Were the reported EQPT insider trades under a Rule 10b5-1 trading plan?
The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 2, 2026 purchase was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
