Form 4: Equitable Holdings Director Craig MacKay Reports Stock Grant and Sale

Equitable Holdings, Inc. Director Craig C. MacKay reported the acquisition of 3,393 shares through a stock grant and the subsequent sale of 1,500 shares of common stock.

Summary

• Craig C. MacKay, a Director at Equitable Holdings, Inc. (EQH), reported changes in his beneficial ownership of the company's common stock.
• On May 21, 2025, Mr. MacKay acquired 3,393 shares of common stock at a price of $0, which was a grant of fully vested common stock under the Equitable Holdings, Inc. 2019 Omnibus Incentive Plan.
• Following this acquisition, his beneficial ownership increased to 18,299 shares.
• On May 23, 2025, Mr. MacKay sold 1,500 shares of common stock at a price of $51.95 per share.
• After the sale, his beneficial ownership stands at 16,799 shares.
• The sale transaction was indicated as being made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The document reports a routine insider transaction involving both a stock grant (positive for alignment) and a sale (common for liquidity/diversification, especially when pre-planned via 10b5-1). There are no overtly positive or negative implications for the company's operations or financial health.

Positives

• Grant of 3,393 fully vested common stock shares to Director Craig C. MacKay under the company's 2019 Omnibus Incentive Plan, indicating ongoing compensation and alignment with shareholder interests.

Negatives

• Sale of 1,500 shares of common stock by a director, which reduces insider ownership, although the transaction was pre-planned under a Rule 10b5-1(c) plan.

Future Outlook

NA

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends. It is a routine disclosure of changes in beneficial ownership for a director of Equitable Holdings, Inc.

Related Party Transactions

• The acquisition and disposition of common stock by Craig C. MacKay, a Director of Equitable Holdings, Inc., constitute related party transactions as they involve an insider of the company.

Stakeholder Impact

• Shareholders: The sale of shares by a director slightly reduces insider ownership, but the grant of shares aligns director interests with shareholders. The transaction is relatively small compared to the company's total outstanding shares and is pre-planned, limiting its signaling impact.
• Employees: No direct impact on employees is indicated by this filing.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

Equitable Holdings, EQH, Form 4, Insider Trading, Stock Grant, Stock Sale, Director, Beneficial Ownership, SEC Filing, Rule 10b5-1