Form 4: Equity Bancshares Director Leon Borck Gifts Shares to Trust
SEC Form 4 Filing
Director Leon Borck gifted shares of Equity Bancshares Inc. to the Leon Harold Borck Trust.
Summary
- On May 13, 2025, Leon Borck, a director of Equity Bancshares Inc., gifted 3,805 shares of Class A Common Stock to the Leon Harold Borck Trust.
- Following the transaction, Mr. Borck directly owns 9,171 shares and indirectly owns 9,405 shares through the trust.
- He also indirectly owns 21,036 shares through EDBI Inc., but disclaims beneficial ownership except to the extent of his pecuniary interest.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a gift of shares, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Related Party Transactions
- The gift of shares to the Leon Harold Borck Trust is a related party transaction.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 09/23/1994 | Date of the Leon Harold Borck Trust |
| October 25, 2023 | Date of Power of Attorney |
| 05/13/2025 | Date of the share gift transaction |
| 05/14/2025 | Date of signature by attorney-in-fact |
Keywords
Form 4, Equity Bancshares Inc, EQBK, Leon Borck, Share Gift, Beneficial Ownership, Director, Leon Harold Borck Trust, EDBI Inc.
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