Equity Bancshares (EQBK) CEO delivers 5,852 shares for tax withholding
Rhea-AI Filing Summary
Equity Bancshares Inc. Chief Executive Officer Brad S. Elliott reported routine tax-related share dispositions. On March 2, 2026, a total of 5,852 shares of Class A Common Stock were withheld at prices of $46.00 and $47.49 per share to cover tax liabilities, not as open-market sales. Following these transactions, Elliott directly holds 55,313 shares. An additional 308,787 shares are held indirectly by Elliott Legacy, LLC, an entity for which he is managing member and where he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,517 | $46.00 | $254K |
| Tax Withholding | Class A Common Stock | 335 | $47.49 | $16K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did EQBK CEO Brad S. Elliott report?
Brad S. Elliott reported tax-related share dispositions, not open-market sales. On March 2, 2026, 5,852 shares of Equity Bancshares Class A Common Stock were withheld to satisfy tax liabilities, reflecting standard administrative treatment of equity compensation rather than discretionary trading activity.
Were Brad S. Elliott’s EQBK transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They are coded as “F,” meaning shares were delivered to pay tax liabilities. This tax-withholding disposition is a routine administrative mechanism associated with equity compensation, not a discretionary market trade.
Why are the EQBK insider transactions labeled as tax-withholding dispositions?
The transactions are described as payment of tax liability by delivering securities. Code “F” and the description confirm shares were used to cover taxes on equity awards, indicating a non-market, compensation-related adjustment rather than a voluntary purchase or sale in the open market.