Form 4: Equifax CFO Sells Shares for Tax Obligations

Equifax's EVP, CFO & COO, John W. Gamble Jr., disposed of 202 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• John W. Gamble Jr., EVP, CFO & COO of Equifax Inc. (EFX), reported a disposition of company common stock.
• On November 14, 2025, 202 shares of common stock were withheld by the issuer.
• The shares were withheld at a price of $204.86 per share.
• This transaction was for the purpose of paying taxes associated with the reporting person becoming retirement eligible, following the early vesting of restricted stock units.
• Following this transaction, John W. Gamble Jr. beneficially owns 62,027 shares of Equifax common stock, which includes accrued dividend equivalent units.

Sentiment

Score: 5

Explanation: The transaction is a standard tax-related disposition of shares upon vesting of restricted stock units, which is a common and expected event for executives. It does not indicate a change in sentiment towards the company.

Positives

• The transaction is a tax-related disposition, not a discretionary sale, which is a common practice for executives.
• The executive becoming retirement eligible indicates long-term service and experience within the company.

Negatives

• A reduction in direct share ownership, even if for tax purposes, slightly decreases the executive's direct equity stake.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4.

Industry Context

This is a routine insider transaction for tax purposes, common across all industries for executives receiving equity compensation. It does not reflect broader industry trends or competitive positioning.

Comparison to Industry Standards

• This is a standard tax-related disposition of shares upon vesting of restricted stock units, a common practice for executives in publicly traded companies across various sectors. No specific comparable companies or projects are relevant for this type of routine filing.

Related Party Transactions

• The transaction involved the withholding of shares by the issuer (Equifax) from the reporting person (John W. Gamble Jr.) to cover tax obligations, which is a routine related party dealing for executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as it is a small, non-discretionary sale for tax purposes.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to restricted stock unit vesting. Such transactions are common and do not typically signal a change in the company's fundamentals or the executive's confidence. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Equifax, EFX, Insider Trading, Form 4, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding, John W. Gamble Jr., CFO