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EQT Corp (EQT) CEO Toby Rice receives 52,350-share stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rice Toby Z.

(Last) (First) (Middle)
625 LIBERTY AVENUE
SUITE 1700

(Street)
PITTSBURGH PA 15222

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EQT Corp [ EQT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 A(1) 52,350 A $0 2,307,882(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. Includes accrued dividends.
/s/ Patrick J. OMalley, Attorney-in-Fact 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many EQT shares does Toby Z. Rice beneficially own after this award?

Following the February 11, 2026 award, Toby Z. Rice beneficially owns 2,307,882 EQT common shares directly. This total reflects the impact of the new restricted stock unit grant and also includes shares attributable to accrued dividends referenced in the filing footnote.

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.

Does Toby Z. Rice hold his EQT shares directly or indirectly after this transaction?

After the February 11, 2026 award, all 2,307,882 EQT common shares reported are held with direct beneficial ownership. The Form 4 classifies the holdings as “Direct (D),” indicating they are not reported as being held through an intermediate entity or indirect structure.

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.
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