EQT Corp (EQT) CEO Toby Rice receives 52,350-share stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EQT Corporation President & CEO Toby Z. Rice acquired 52,350 shares of common stock in the form of a stock-based award on February 11, 2026. The award consists of restricted stock units that convert into EQT common stock on a one-for-one basis as they vest.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. After this grant, Rice directly beneficially owned a total of 2,307,882 shares of EQT common stock, which includes accrued dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rice Toby Z.
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,350 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,307,882 shares (Direct)
Footnotes (1)
- Award of Restricted Stock Units which convert into EQT Corporation common stock on a one-for-one basis upon vesting. The Restricted Stock Units vest in three equal annual installments beginning on the first anniversary of the grant date. Includes accrued dividends.
FAQ
What insider transaction did EQT (EQT) report for Toby Z. Rice?
EQT reported that President & CEO Toby Z. Rice received an award of 52,350 restricted stock units on February 11, 2026. These units convert into EQT common stock on a one-for-one basis as they vest, increasing his directly held beneficial ownership.
What are the vesting terms of Toby Z. Rice’s new EQT restricted stock units?
The restricted stock units granted to Toby Z. Rice vest in three equal annual installments. Vesting begins on the first anniversary of the February 11, 2026 grant date, meaning one-third of the units convert into common stock each year over a three-year period.
At what price were Toby Z. Rice’s EQT restricted stock units granted?
The filing shows the 52,350 restricted stock units were granted at a price of $0 per unit. This reflects that they are an equity-based compensation award rather than an open-market purchase, with value realized as units vest into common stock over time.
What type of Form 4 transaction code was used for Toby Z. Rice’s EQT award?
The transaction uses code “A,” indicating a grant, award, or other acquisition of securities. In this case, it represents an equity compensation award of restricted stock units, rather than a market buy or sell, as confirmed by the explanation of responses section.