Form 4: EQT Corp CEO Toby Z. Rice Reports Tax Withholding Transaction
SEC Form 4 Filing
EQT Corp CEO Toby Z. Rice reported a transaction involving the withholding of shares to cover taxes related to the vesting of a restricted stock unit award.
Summary
- On February 18, 2025, EQT Corp CEO Toby Z. Rice reported a transaction on Form 4.
- The transaction involved the withholding of 15,239 shares of common stock at a price of $53.78 per share for tax purposes.
- This withholding was related to the vesting of a portion of a restricted stock unit award previously granted on February 16, 2024.
- Following the transaction, Rice beneficially owns 1,939,313 shares of EQT Corp common stock, which includes accrued dividends.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (tax withholding) and has no inherent positive or negative implications for the company's outlook.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Date of original Restricted Stock Unit award grant |
| 02/18/2025 | Date of tax withholding transaction |
| 02/20/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.