EQT (NYSE: EQT) CEO Toby Rice reports RSU tax-withholding stock moves
Rhea-AI Filing Summary
EQT Corp President & CEO Toby Z. Rice reported routine tax-related share dispositions tied to restricted stock vesting. On February 13, he delivered 13,829 shares and 12,152 shares of common stock at $58.70 per share to cover withholding taxes on previously granted Restricted Stock Units. The filing states there was no transaction in the market for these withholdings. After these Form 4-reported dispositions, he directly owns 2,281,901 EQT common shares, which continue to include accrued dividends.
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Insights
CEO’s Form 4 shows routine tax-withholding, not open-market selling.
The Form 4 for EQT Corp reports that President & CEO Toby Z. Rice disposed of shares solely to satisfy tax withholding on vesting Restricted Stock Units. Footnotes clarify there was no transaction in the market, distinguishing this from discretionary selling.
Two separate tax-withholding dispositions covered portions of RSU awards originally granted on
Because these movements are mechanical outcomes of prior compensation awards and not investment decisions, they typically have limited informational value about management’s view of the business. Future equity awards and vesting schedules disclosed in later filings will further shape his ongoing ownership profile.