Form 4: Equifax Director Acquires Phantom Stock Units as Deferred Compensation

Equifax director Robert D. Marcus acquired 123 phantom stock units as deferred compensation, equivalent to 123 shares of common stock.

Summary

• Robert D. Marcus, a director at Equifax Inc., acquired 123 phantom stock units on January 3, 2025.
• These units were received as deferred compensation in lieu of annual cash retainer fees under the company's Board of Directors Deferred Compensation Plan.
• Each phantom stock unit is economically equivalent to one share of Equifax common stock.
• The phantom stock units become payable upon the director's termination of service, at their election.
• Following this transaction, Mr. Marcus beneficially owns 1,718 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is a neutral to slightly positive event as it aligns director interests with the company's performance.

Positives

• The acquisition of phantom stock units aligns the director's interests with the long-term performance of the company.
• The deferred compensation plan is a common practice for board members.

Future Outlook

The phantom stock units will become payable upon the director's termination of service, at their election.

Industry Context

Deferred compensation plans using phantom stock units are a common practice for compensating board members in publicly traded companies, aligning their interests with shareholder value.

Comparison to Industry Standards

• Many companies, such as Visa, Mastercard, and American Express, use similar deferred compensation plans for their directors.
• These plans often involve phantom stock units or restricted stock awards that vest over time or upon retirement.
• The use of phantom stock units is a standard practice to align director compensation with long-term company performance.

Stakeholder Impact

• The acquisition of phantom stock units by a director aligns their interests with shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

phantom stock units, deferred compensation, director, Equifax, stock, compensation, board of directors