Form 4: Equifax EVP, Chief Legal Officer John J Kelley III Reports Stock and Option Awards

John J Kelley III, EVP and Chief Legal Officer of Equifax Inc., reports the acquisition of stock and option awards as part of the company's long-term incentive plan.

Summary

• On February 10, 2025, John J Kelley III, EVP and Chief Legal Officer of Equifax Inc., reported transactions related to Equifax stock.
• Kelley acquired 3,213 shares of common stock at $0.00 as an annual equity grant under the company's long-term incentive plan, which vests 100% on February 10, 2028.
• He also acquired options to buy 10,322 shares of common stock at an exercise price of $252.90, vesting in three equal annual increments starting February 10, 2026.
• Following these transactions, Kelley beneficially owns 14,492 shares of common stock and options for 10,322 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns executive interests with company performance.

Positives

• The equity grants align executive compensation with the long-term performance of Equifax.
• The vesting schedules encourage continued service and commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedules of the equity grants.

Industry Context

Equity grants are a common practice in executive compensation packages within the financial services and technology industries, aligning executive interests with shareholder value and company performance.

Comparison to Industry Standards

• Equity compensation practices vary across the industry, but grants of restricted stock and stock options are common.
• Companies like Experian and TransUnion, which are direct competitors of Equifax, also utilize similar long-term incentive plans for their executives.
• The vesting schedules and grant sizes are generally benchmarked against peer companies to ensure competitiveness and retention.

Stakeholder Impact

• The equity grants aim to align the executive's interests with those of the shareholders, potentially driving long-term value creation.
• Employees may view the grants as a positive sign of the company's commitment to its leadership.

Key Dates