Form 4: Equitable Holdings Executive Nick Lane Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Nick Lane, Head of Retirement, Wealth Management & Protection Solutions at Equitable Holdings, reports acquiring and disposing of common stock due to dividend equivalents and previously unreported earnings.
Summary
- Nick Lane, an executive at Equitable Holdings, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On June 10, 2024, Lane acquired 380 shares of common stock at $0 due to dividend equivalents accrued on previously awarded Restricted Stock Units (RSUs).
- Lane also disposed of an unspecified amount of common stock.
- The total amount of securities beneficially owned following the reported transactions is 160,899.16 shares, which includes RSUs and previously unreported dividend equivalents.
- The filing also corrects omissions from previous Form 4 filings regarding dividend equivalents earned on 2021, 2022, and 2023 Long Term Incentive Compensation stock grants that vested in February 2023 and February 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: acquisition of 380 shares of common stock due to dividend equivalents. |
| 06/11/2024 | Date of signature on the Form 4 filing. |
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