EquipmentShare.com insider acquires 13,390 shares
Neil Chheda is identified as Madoda Engala LLC’s manager and disclaims beneficial ownership except to the extent of any pecuniary interest, if any.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
EquipmentShare.com Inc (EQPT) reports that Madoda Engala LLC acquired 59,923 shares of Class A Common Stock on July 22, 2026, and 13,390 shares on October 26, 2026. The acquisitions were pro rata distributions without additional consideration, respectively to LLC members and to limited partners from shares held by Romulus Capital II LP. Separate indirect Class A holdings are listed for four Romulus entities as of July 22, 2026.
Insider Trade Summary
Other: 73,313 shares
Other
6 txns
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F3, F2 | 13,390 | $0.00 | $0.00 |
| Other | Class A Common Stock F1, F2 | 59,923 | $0.00 | $0.00 |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F7 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 73,853 shares (Indirect, By Madoda Engala LLC);
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 (7)
- F1. Represents shares received as part of a pro rata in-kind distribution to the members of a limited liability company for no additional consideration.
- F2. The shares are held directly by Madoda Engala LLC ("Madoda Engala"). 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 Securities Exchange Act of 1934, as amended (the "Exchange Act").
- F3. Represents shares received in connection with the distribution of shares held by Romulus Capital II LP to its limited partners, pro rata and without consideration. The acquisition of such shares was made in accordance with the exemptions afforded by Rule 16a-9(a) of the Securities Exchange Act.
- F4. 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 Exchange Act.
- F5. The shares are held directly by Romulus EquipmentShare Growth II L.P. ("RESG II"). 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.
- F6. 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.
- F7. 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.
Key Figures
Class A Common Stock acquired by Madoda Engala LLC: 59,923 shares
Class A Common Stock acquired by Madoda Engala LLC: 13,390 shares
Class A Common Stock held by Romulus Capital III, L.P.: 40,476,688 shares
+3 more
6 metrics
Class A Common Stock acquired by Madoda Engala LLC
59,923 shares
July 22, 2026; pro rata in-kind distribution
Class A Common Stock acquired by Madoda Engala LLC
13,390 shares
October 26, 2026; distribution to limited partners
Class A Common Stock held by Romulus Capital III, L.P.
40,476,688 shares
Indirect holding as of July 22, 2026
Class A Common Stock held by Romulus EquipmentShare Growth L.P.
6,365,296 shares
Indirect holding as of July 22, 2026
Class A Common Stock held by Romulus EquipmentShare Growth II L.P.
2,802,872 shares
Indirect holding as of July 22, 2026
Class A Common Stock held by Romulus EquipmentShare Growth III L.P.
182,000 shares
Indirect holding as of July 22, 2026
Key Terms
pro rata in-kind distribution, pecuniary interest, beneficial ownership, Rule 16a-9(a)
4 terms
pro rata in-kind distribution financial
"part of a pro rata in-kind distribution to the members"
pecuniary interest regulatory
"except to the extent of his pecuniary interest therein, if any"
beneficial ownership regulatory
"disclaims beneficial ownership of the shares reported herein"
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.
Rule 16a-9(a) regulatory
"exemptions afforded by Rule 16a-9(a)"
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