Form 4: Equity Bancshares Director Jerry P. Maland Gifts Shares to Adult Children
SEC Form 4 Filing
Director Jerry P. Maland of Equity Bancshares Inc. reports gifting shares of Class A Common Stock to his adult children on May 15, 2024.
Summary
- On May 15, 2024, Jerry P. Maland, a director of Equity Bancshares Inc., gifted 6,852 shares of Class A Common Stock to his adult children.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Mr. Maland directly owns 18,454 shares of Class A Common Stock.
- He also indirectly owns 112,348 shares through the Jerry Paul Maland & Jane Lou Maland Living Revocable Trust DTD 9-21-99, where he and his spouse serve as Co-Trustees.
- Additionally, he indirectly owns 5,687 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a gift of shares. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The gift of shares by a director could be perceived neutrally by shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/21/1999 | Date of the Jerry Paul Maland & Jane Lou Maland Living Revocable Trust DTD |
| 10/25/2023 | Date of Power of Attorney |
| 05/15/2024 | Date of transaction (gift of shares) |
| 05/16/2024 | Date of signature on the Form 4 filing |
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