EQT Corp (EQT) grants CEO Toby Rice 1M stock options

Rhea-AI Filing Summary

EQT Corp President and CEO Toby Z. Rice received equity compensation in the form of three employee stock option grants. He was awarded options to buy a total of 1,000,000 shares of common stock, split into tranches of 333,334, 333,333 and 333,333 options with exercise prices of $100.0000, $95.0000 and $90.0000 per share. These options become exercisable between 2029-04-27 and 2031-04-27 and each tranche expires on 2033-04-27.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Rice Toby Z.

Role PRESIDENT & CEO

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (right to buy)	333,333	$0.00	--
Grant/Award	Employee Stock Option (right to buy)	333,333	$0.00	--
Grant/Award	Employee Stock Option (right to buy)	333,334	$0.00	--

Holdings After Transaction: Employee Stock Option (right to buy) — 333,333 shares (Direct, null)

Footnotes (1)

Key Figures

Options granted: 1,000,000 options First option tranche: 333,334 options at $100.0000 Second option tranche: 333,333 options at $95.0000 +2 more

5 metrics

Options granted 1,000,000 options Total options granted to CEO Toby Z. Rice on 2026-04-27

First option tranche 333,334 options at $100.0000 Employee stock option grant, exercisable from 2031-04-27, expires 2033-04-27

Second option tranche 333,333 options at $95.0000 Employee stock option grant, exercisable from 2030-04-27, expires 2033-04-27

Third option tranche 333,333 options at $90.0000 Employee stock option grant, exercisable from 2029-04-27, expires 2033-04-27

Expiration date 2033-04-27 Common expiration date for all three option tranches

Key Terms

Employee Stock Option (right to buy), Grant, award, or other acquisition, derivative, underlying security

4 terms

Employee Stock Option (right to buy) financial

"Security title listed as "Employee Stock Option (right to buy)" for each grant."

Grant, award, or other acquisition financial

"Transaction code A is described as "Grant, award, or other acquisition"."

derivative financial

"Each transaction is classified with transaction_type "derivative" in the filing data."

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

underlying security financial

"Each option references an underlying security title of "Common Stock"."

Form 4 Insider Transactions: What Each Field Means →

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 PENNSYLVANIA 15222

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Employee Stock Option (right to buy)	$90	04/27/2026		A		333,333		04/27/2029	04/27/2033	Common Stock	333,333	$0	333,333	D
Employee Stock Option (right to buy)	$95	04/27/2026		A		333,333		04/27/2030	04/27/2033	Common Stock	333,333	$0	333,333	D
Employee Stock Option (right to buy)	$100	04/27/2026		A		333,334		04/27/2031	04/27/2033	Common Stock	333,334	$0	333,334	D

Explanation of Responses:

	/s/ Timothy C. Lulich, Attorney-in-Fact	04/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did EQT (EQT) disclose about Toby Rice’s latest Form 4 filing?

EQT reported that President and CEO Toby Z. Rice received three grants of employee stock options. These options give him the right to buy up to 1,000,000 EQT common shares at preset prices as part of his equity compensation package.

How many stock options did EQT’s CEO Toby Rice receive in this grant?

Toby Z. Rice received options on 1,000,000 EQT shares. The award is structured as three separate tranches of 333,334, 333,333 and 333,333 options, each linked to EQT common stock, reflecting a sizable long-term equity incentive.

What are the exercise prices of the new EQT CEO stock option grants?

The options granted to EQT CEO Toby Z. Rice have exercise prices of $100.0000, $95.0000 and $90.0000 per share. Each tranche of 333,334 or 333,333 options is tied to one of these specific strike prices for future exercises.

When can Toby Rice’s newly granted EQT stock options be exercised?

The options become exercisable on dates between 2029-04-27 and 2031-04-27, depending on the tranche. This schedule means the equity awards are oriented toward long-term performance and retention before they can be turned into EQT shares.

When do the newly granted EQT CEO stock options expire?

All three tranches of employee stock options granted to Toby Z. Rice share the same expiration date of 2033-04-27. If not exercised by that date, the rights to buy EQT common stock under these grants will lapse.

Are Toby Rice’s new EQT stock option grants open-market purchases or compensation awards?

They are compensation awards, not open-market purchases. The filing classifies each transaction with code A, described as a “Grant, award, or other acquisition,” indicating options were granted to the CEO as part of his remuneration package.