Form 4: Equifax Director Audrey B. Tillman Receives Annual Director Grant
SEC Form 4 Filing
Director Audrey B. Tillman acquired 891 shares of Equifax stock as part of an annual director grant that vests on May 2, 2025.
Summary
- On May 2, 2024, Audrey B. Tillman, a director of Equifax Inc., acquired 891 shares of common stock.
- This acquisition was part of an annual director grant under the company's long-term incentive plan.
- The shares were acquired at a price of $0.00, and the restricted stock units vest 100% on May 2, 2025.
- Following the transaction, Tillman beneficially owns 4,552 shares of Equifax common stock, which includes accrued dividend equivalent units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns interests with shareholders.
Positives
- The grant aligns the director's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and commitment to Equifax.
Future Outlook
The director's holdings will increase upon vesting of the restricted stock units in 2025.
Industry Context
Director compensation in the form of stock grants is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
Comparison to Industry Standards
- Stock grants to directors are a typical component of compensation packages in S&P 500 companies, often vesting over a oneto three-year period.
- Companies like Visa and Mastercard also utilize similar long-term incentive plans for their directors.
- The size of the grant is generally benchmarked against peer companies in the same industry and market capitalization.
Stakeholder Impact
- The stock grant aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.
- The vesting schedule encourages the director's continued service and commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of the transaction (stock grant). |
| 05/02/2025 | Vesting date of the restricted stock units. |
| 05/06/2024 | Date of the form filing. |
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