EQT (EQT) director John McCartney awarded 37 deferred stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCARTNEY JOHN reported acquisition or exercise transactions in this Form 4 filing.
EQT Corp director John McCartney received a grant of 37 deferred stock units, each economically equivalent to one share of EQT common stock. The award, which represents deferred director compensation and includes accrued dividends, brought his total deferred stock units to 8,976 following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCARTNEY JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 37 | $63.64 | $2K |
Holdings After Transaction:
Deferred Stock Units — 8,976 shares (Direct)
Footnotes (1)
- Each deferred stock unit is the economic equivalent of one share of EQT Corporation common stock. Deferred stock units represent compensation that is deferred until termination of service as a director. Includes accrued dividends.
Key Figures
Deferred stock units granted: 37 units
Reference price per unit: $63.64 per unit
Deferred stock units after grant: 8,976 units
+2 more
5 metrics
Deferred stock units granted
37 units
Grant on April 1, 2026
Reference price per unit
$63.64 per unit
Grant valuation for deferred stock units
Deferred stock units after grant
8,976 units
Total deferred stock units following transaction
Underlying security
37 shares
Underlying EQT common stock tied to new units
Exercise price
$0.00
Conversion or exercise price for deferred units
Key Terms
Deferred Stock Units, economic equivalent, accrued dividends, Grant, award, or other acquisition
4 terms
Deferred Stock Units financial
"security_title: "Deferred Stock Units""
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
economic equivalent financial
"Each deferred stock unit is the economic equivalent of one share"
accrued dividends financial
"Includes accrued dividends."
Accrued dividends are payments a company owes to shareholders that have been earned or officially declared but not yet paid; think of them as an IOU the company has for past dividend obligations. They matter to investors because they represent a near-term claim on a company’s cash, affect the company’s reported liabilities and value, and can be especially important when assessing income reliability or priority in a payout situation.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did EQT (EQT) director John McCartney report?
John McCartney reported receiving a grant of 37 deferred stock units tied to EQT common stock. This was classified as a grant or award acquisition and increased his total deferred stock units to 8,976 after the transaction date of April 1, 2026.
What are Deferred Stock Units in the EQT (EQT) Form 4 filing?
In this filing, Deferred Stock Units are compensation instruments for a director, each economically equivalent to one share of EQT common stock. They accrue value like shares, including dividends, but are generally settled later according to the company’s director compensation arrangements.
When will EQT (EQT) director John McCartney receive the deferred stock units?
The filing explains that the deferred stock units represent compensation deferred until John McCartney’s termination of service as a director. This means he typically will not receive the underlying shares or cash value until he leaves the board, aligning compensation with long-term service.
How many EQT (EQT) deferred stock units does John McCartney hold after this transaction?
Following the reported grant, John McCartney holds 8,976 deferred stock units. Each unit is economically equivalent to one share of EQT common stock, and this total includes units accumulated from prior grants as well as related accrued dividends described in the footnotes.
Was the EQT (EQT) Form 4 transaction an open-market stock purchase or sale?
The reported transaction was not an open-market purchase or sale. It was a grant of 37 deferred stock units classified as a compensation award, with a reference price of $63.64 per unit, rather than a discretionary trade in EQT shares on the open market.
Do the EQT (EQT) deferred stock units for John McCartney include dividends?
Yes, the filing notes that the deferred stock units include accrued dividends. This means any dividends that would have been paid on equivalent EQT common shares are credited in unit form, increasing the number of deferred stock units over time as part of his director compensation.