EquipmentShare.com Inc reports beneficial ownership disclosures by Neil Chheda and affiliated Romulus entities. The filing shows combined reported holdings including 55,489,664 shares (reported by Neil Chheda, 24.3% of Class A) and other Romulus-related entities such as Romulus Capital Partners II, LLC with 50,842,768 shares (22.3%).
The percentages are calculated using 228,478,203 shares outstanding as of February 28, 2026, per the company’s Form 10-K. The filing is a joint Schedule 13G with a Joint Filing Agreement signed by the reporting persons.
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Insights
Joint Schedule 13G reports concentrated ownership by Romulus-related entities and Neil Chheda.
The filing lists multiple related entities that together control sizable Class A positions, with reported share counts such as 50,842,768 and 55,489,664. These holdings are presented as shared or sole voting/dispositive power in the cover rows and are coordinated via a Joint Filing Agreement.
Key dependencies include the as of baseline of February 28, 2026 for outstanding shares and the legal structure of the reporting persons. Subsequent filings could update percentages if share counts change.
The reported stakes represent meaningful ownership concentrations but are presented as disclosures, not corporate actions.
The document shows specific holdings: Neil Chheda with 55,489,664 shares (24.3%) and Romulus Capital Partners II, LLC with 50,842,768 shares (22.3%), using the issuer's 228,478,203-share base. Ownership figures are labeled with sole/shared voting and dispositive power.
These positions could affect governance dynamics; any change in holdings or voting arrangements would appear in future Schedule 13 filings or amendments.
Key Figures
Shares outstanding:228,478,203 sharesNeil Chheda reported holdings:55,489,664 sharesRomulus Capital Partners II, LLC holdings:50,842,768 shares+2 more
5 metrics
Shares outstanding228,478,203 sharesas of <date>February 28, 2026</date>
Neil Chheda reported holdings55,489,664 shares<percent>24.3%</percent> of Class A
Romulus Capital Partners II, LLC holdings50,842,768 shares<percent>22.3%</percent> of Class A
Romulus Capital III L.P. holdings41,773,096 shares<percent>18.3%</percent> of Class A
Romulus EquipmentShare Growth L.P. holdings6,365,296 shares<percent>2.8%</percent> of Class A
"Amount beneficially owned: The information required by Item 4(a)"
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.
Joint Filing Agreementlegal
"Exhibit 99.1: Joint Filing Agreement"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EquipmentShare.com Inc
(Name of Issuer)
Class A Common Stock, $0.00000125 par value per share
(Title of Class of Securities)
29445S100
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus Capital III L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
41,773,096.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
41,773,096.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
41,773,096.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
18.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus EquipmentShare Growth L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
6,365,296.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,365,296.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,365,296.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus Capital II L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,522,376.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,522,376.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,522,376.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus EquipmentShare Growth III L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
182,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
182,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
182,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus EquipmentShare Growth II L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,802,872.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,802,872.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,802,872.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Schlacks 2020 Transfer LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,687,840.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,687,840.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,687,840.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.7 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
RC EquipmentShare Growth VII L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
85,192.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
85,192.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
85,192.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
RC EquipmentShare Growth VI L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
70,992.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
70,992.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
70,992.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Romulus Capital Partners II, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
50,842,768.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
50,842,768.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
50,842,768.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
22.3 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Madoda Engala LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,802,872.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,802,872.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,802,872.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
29445S100
1
Names of Reporting Persons
Neil Chheda
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
55,489,664.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
55,489,664.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
55,489,664.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
24.3 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
EquipmentShare.com Inc
(b)
Address of issuer's principal executive offices:
5710 Bull Run Drive, Columbia, Missouri 65201
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed by the following persons (each a "Reporting Person" and collectively the "Reporting Persons"):
Neil Chheda
Romulus Capital Partners II, LLC ("Romulus II GP"). Neil Chheda is the managing member of Romulus II GP.
Romulus Capital III L.P. ("Romulus III"). Romulus II GP is the general partner of Romulus III.
Romulus EquipmentShare Growth L.P. ("RESG"). Romulus II GP is the general partner of RESG.
Romulus Capital II L.P. ("Romulus II"). Romulus II GP is the general partner of Romulus II.
Romulus EquipmentShare Growth III L.P. ("RESG III"). Romulus II GP is the general partner of RESG III.
Madoda Engala LLC ("Madoda Engala"). Neil Chheda is the manager of Madoda Engala.
Romulus EquipmentShare Growth II L.P. ("RESG II"). Madoda Engala is the general partner of RESG II.
Schlacks 2020 Transfer LLC (the "LLC"). Neil Chheda is the manager of the LLC.
RC EquipmentShare Growth VII L.P. ("RESG VII"). Neil Chheda is the managing director of RESG VII.
RC EquipmentShare Growth VI L.P. ("RESG VI"). Neil Chheda is the managing director of RESG VI.
The filing of this Schedule 13G should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the shares of Class A Common Stock reported herein. Each of the Reporting Persons disclaims beneficial ownership of the shares of Class A common stock owned by the other Reporting Persons except to the extent of its voting and investment control of such shares.
(b)
Address or principal business office or, if none, residence:
The principal business address of each Reporting Person is 90 Broadway, Cambridge, MA 02142.
(c)
Citizenship:
The information required by Item 2(c) is set forth in Row 4 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(d)
Title of class of securities:
Class A Common Stock, $0.00000125 par value per share
(e)
CUSIP Number(s):
29445S100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentages set forth in this Schedule 13G are calculated based upon 228,478,203 shares of the Issuer's Class A common stock outstanding as of February 28, 2026, as reported in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on March 19, 2026.
(b)
Percent of class:
The information required by Item 4(b) is set forth in Row 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What does EquipmentShare (EQPT) Schedule 13G disclose about ownership?
It discloses that Neil Chheda and Romulus-related entities report significant Class A holdings. The filing lists specific share counts and voting/dispositive power percentages tied to February 28, 2026 and a 228,478,203 share base.
How many shares does Neil Chheda report owning in EQPT?
Neil Chheda is reported with 55,489,664 Class A shares, equal to 24.3% of the class. That percentage uses the issuer's 228,478,203 shares outstanding figure as of February 28, 2026.
What stake does Romulus Capital Partners II, LLC report in EQPT?
Romulus Capital Partners II, LLC reports ownership of 50,842,768 shares, equal to 22.3% of Class A. The filing attributes sole voting and dispositive power to that entity in the cover rows.
Are the reported holdings sole or shared voting power?
The filing shows a mix of sole and shared powers across reporting persons. Some entities report sole voting/dispositive power, while others, including Neil Chheda entries, show shared voting and dispositive power in the cover rows.
What share count baseline does EQPT use to calculate percentages?
Percentages are calculated using 228,478,203 shares outstanding as reported in the company’s Form 10-K for the year ended December 31, 2025, referenced as of February 28, 2026 in the Schedule 13G.
