EquipmentShare.com (NYSE: EQPT) CFO receives 65,000 RSUs in new equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marquardt David reported acquisition or exercise transactions in this Form 4 filing.
EquipmentShare.com Inc reported that its CFO and Chief Accounting Officer, David Marquardt, received two equity awards in the form of restricted stock units (RSUs) tied to Class A Common Stock. One award covers 50,000 RSUs that vest over four years, with 25% vesting on the first anniversary of the grant date and the remaining shares vesting in equal quarterly installments thereafter, subject to continued service. The second award covers 15,000 RSUs that vest 100% on the first anniversary of the grant date, also contingent on his continued service. Following these grants, Marquardt directly holds 129,285 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Marquardt David
Role
CFO & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 50,000 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 15,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 114,285 shares (Direct)
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs") with respect to Class A Common Stock. The RSUs vest over four years with 25% of the shares underlying the RSUs vesting on the first anniversary of the grant date, and 1/16th of the shares vesting quarterly thereafter, subject to the reporting person's continuous service through each applicable vesting date. Reflects a grant of RSUs with respect to Class A Common Stock. The RSUs vest 100% on the first anniversary of the grant date, subject to the reporting person's continuous service through the vesting date.
Key Figures
RSU grant (four-year vesting): 50,000 RSUs
RSU grant (one-year cliff): 15,000 RSUs
Total RSUs granted: 65,000 RSUs
+2 more
5 metrics
RSU grant (four-year vesting)
50,000 RSUs
Vests 25% after one year, then quarterly over four years
RSU grant (one-year cliff)
15,000 RSUs
Vests 100% on first anniversary of grant date
Total RSUs granted
65,000 RSUs
Combined size of the two RSU awards
Shares held after transactions
129,285 shares
Class A Common Stock directly held after reported grants
Transaction date
April 1, 2026
Grant date for both RSU awards
Key Terms
restricted stock units ("RSUs"), vest over four years, continuous service, first anniversary of the grant date
4 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") with respect to Class A Common Stock."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest over four years financial
"The RSUs vest over four years with 25% of the shares underlying the RSUs vesting on the first anniversary"
continuous service financial
"subject to the reporting person's continuous service through each applicable vesting date."
first anniversary of the grant date financial
"100% on the first anniversary of the grant date, subject to the reporting person's continuous service"
FAQ
How many RSUs were granted to EQPT CFO David Marquardt and on what terms?
David Marquardt received 50,000 RSUs that vest over four years and an additional 15,000 RSUs that vest in full after one year. All vesting is conditioned on his continuous service through the applicable vesting dates, aligning his compensation with longer-term employment.
Are the EQPT RSU grants to the CFO open-market purchases or compensation awards?
The transactions are compensation awards, coded as grants (Code A), not open-market purchases. They represent restricted stock units that will convert into Class A Common Stock over time as vesting conditions are met, rather than immediate cash transactions in the market.
When do the 15,000 RSUs granted to EQPT’s CFO become fully vested?
The separate 15,000 RSU award is scheduled to vest 100% on the first anniversary of the grant date. Vesting is contingent on David Marquardt’s continuous service with EquipmentShare.com Inc through that one-year vesting date, reinforcing retention incentives.