Form 4: Equitable Holdings CFO Robin Raju Reports Stock Transactions Following Vesting of Performance Shares
SEC Form 4 Filing
Robin Raju, CFO of Equitable Holdings, reports the acquisition and disposal of company stock related to the vesting of performance shares and withholding for taxes.
Summary
- On February 28, 2025, Robin Raju, CFO of Equitable Holdings, engaged in transactions involving the company's common stock.
- 14,669 shares were disposed of to cover taxes at a price of $55.02 per share upon the vesting of previous Restricted Stock Unit grants.
- 43,432 Performance Shares vested, granted under the 2019 Omnibus Incentive Plan, based on performance from January 1, 2022, to December 31, 2024.
- An additional 22,172 shares were withheld to cover taxes upon the vesting of these Performance Shares, also at $55.02 per share.
- Following these transactions, Raju directly owns 150,456.59 shares of Equitable Holdings common stock, including Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| January 1, 2022 | Start date of the performance period for the Performance Shares. |
| December 31, 2024 | End date of the performance period for the Performance Shares. |
| 02/28/2025 | Date of the stock transactions (disposal and acquisition). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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