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Esquire director gifts 51K shares to family trust

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Esquire Financial Holdings, Inc. (ESQ) director Richard T. Powers reported a bona fide gift of 51,380 shares of common stock on August 25, 2026, transferring them to a Family Trust where they are now held indirectly. Following the transaction, he holds 6,853 shares directly, which include multiple tranches of restricted stock vesting between December 2024 and December 2027.

Positive

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Negative

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Insider Powers Richard T
Role Director
Type Security Shares Price Value
Gift Common Stock F1, F2, F3, F4, F5, F6 51,380 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 6,853 shares (Direct); Common Stock — 51,380 shares (Indirect, By Family Trust)
Footnotes (6)
  1. F1. Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024.
  2. F2. Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025.
  3. F3. Includes shares of restricted stock which vest 100% on December 10, 2026.
  4. F4. Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026.
  5. F5. Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027.
  6. F6. Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.
Shares gifted 51,380 shares of Common Stock Bona fide gift on August 25, 2026
Gift price per share $0.0000 per share Reported for the 51,380-share bona fide gift
Direct holdings after transaction 6,853 shares of Common Stock Direct ownership following the August 25, 2026 gift
Indirect holdings via Family Trust 51,380 shares of Common Stock Indirect ownership "By Family Trust" after the gift
Restricted stock vesting start December 16, 2024 One restricted stock grant vests in three equal annual installments starting this date
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock financial
"Includes shares of restricted stock which vest in three equal annual"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Family Trust financial
"nature_of_ownership: "By Family Trust""

FAQ

What insider transaction did ESQ director Richard T. Powers report on August 25, 2026?

He reported a bona fide gift of 51,380 shares of Esquire Financial Holdings, Inc. common stock on August 25, 2026, transferring those shares to a Family Trust where they are now reported as indirectly owned.

How many ESQ shares did Richard T. Powers transfer and at what price?

Richard T. Powers transferred 51,380 shares of Esquire Financial Holdings, Inc. common stock as a gift at a reported price of $0.0000 per share, consistent with a non-sale, charitable or family-type transfer rather than a market transaction.

What are Richard T. Powers’ ESQ share holdings after the reported gift?

After the gift, Richard T. Powers holds 6,853 shares directly and 51,380 shares indirectly through a Family Trust. The direct holdings include several tranches of restricted stock that vest on various dates from December 2024 through December 2027.

How are the 51,380 ESQ shares held following the gift by Richard T. Powers?

The 51,380 shares of Esquire Financial Holdings, Inc. common stock given on August 25, 2026 are reported as held indirectly "By Family Trust", indicating ownership through that trust rather than in his direct name.

What does the Form 4 say about vesting of Richard T. Powers’ ESQ restricted stock?

Footnotes state his remaining direct holdings include restricted stock that vests in installments starting December 16, 2024 and December 9, 2025, plus grants vesting 100% on December 10, 2026 and further installments beginning in December 2026 and December 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Powers Richard T

(Last)(First)(Middle)
100 JERICHO QUADRANGLE
SUITE 100

(Street)
JERICHO NEW YORK 11753

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Esquire Financial Holdings, Inc. [ ESQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026G51,380D$06,853(1)(2)(3)(4)(5)(6)D
Common Stock51,380IBy Family Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024.
2. Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025.
3. Includes shares of restricted stock which vest 100% on December 10, 2026.
4. Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026.
5. Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027.
6. Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.
/s/ Gary A. Lax, pursuant to power of attorney08/27/2026
** Signature of Reporting PersonDate
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)