EQBK EQUITY BANCSHARES INC Insider Trading

Director Donald Scott Rogerson purchases 2,000 shares of EQBK at open market, increasing stake by two-thirds.

Director Donald Scott Rogerson made a substantial open-market purchase of 2,000 shares, growing his holdings by two-thirds in a single transaction. The timing is noteworthy: the stock is trading modestly below its recent highs and has recovered from a modest pullback over the past few months, yet Rogerson is committing fresh capital at these levels. For a director—someone with intimate knowledge of company operations and near-term prospects—this buying represents conviction that current valuation offers opportunity. The company itself is profitable and generating steady earnings, which provides a fundamental backdrop for the insider's confidence. However, the stock trades at a premium valuation multiple, so Rogerson's willingness to buy here suggests he sees either underappreciated strength ahead or believes the market is pricing in excessive caution.

EQBK CEO Sems bought 110 shares at $45.13 on 2026-02-23, raising holdings to 26,508 shares (+0.4%).

Richard M Sems, CEO of Equity Bancshares, purchased 110 shares for $4,964.30, a modest addition to his 26,398-share position. The buy occurred at $45.13, slightly below the current price of $45.25 and well below the 52-week high of $49.00. However, context raises caution: Sems's cross-ticker track record shows 1 prior buy with negative 90-day return of -8.5%, and his same-ticker history at EQBK reflects the same -8.5% 90-day outcome from a December 2024 purchase. The company reports net income of $-29,663,000.00 and carries a P/E of 49.18, suggesting elevated valuation relative to profitability. The small transaction size (+0.4% of prior holdings) and unfavorable prior return patterns at this ticker provide little evidence of sustained conviction or accurate market timing by this insider.

Director Borck Leon bought 250 EQBK shares at $41.57 on 2025-11-10, expanding holdings to 9,905 shares (+2.6%).

Borck Leon purchased 250 shares at $41.57, bringing total holdings to 9,905 shares and representing a 2.6% increase in his position. The stock is currently trading at $41.69, down 15.3% from its 52-week high of $49.21, though up 2.9% over the past 30 days and 6.9% over 90 days. At the same ticker (EQBK), his prior buy on 2024-09-12 yielded a 90-day return of +23.0%, while his 2024-12-04 purchase declined 8.5% over 90 days, suggesting mixed timing outcomes at this security. The company reported negative net income of $-29.7M with a P/E of 45.32, indicating significant operational headwinds that complicate interpretation of this incremental purchase.

EQBK Director Borck Leon buys 250 shares at $40.32; prior EQBK buys mixed (90d: -8.5%, +23.0%).

Director Borck Leon purchased 250 shares of EQUITY BANCSHARES INC at $40.32 on 2025-10-17, growing his holdings from 9,405 to 9,655 shares. The trade occurs with the stock trading at $40.56 (current price), down 17.6% from its 52-week high of $49.21 but up 5.7% over the past 90 days. His prior two trades at EQBK show divergent outcomes: a September 2024 buy returned +23.0% over 90 days, while a December 2024 buy returned -8.5%, indicating inconsistent timing at this ticker. Across all his open-market activity (cross-ticker), Leon's track record shows 50% win rate at the 90-day horizon with an average 90-day return of +7.2%, but this modest sample and mixed same-ticker history provide limited directional clarity on the present purchase's merit.

Director Borck Leon bought 5,600 shares of EQBK at $44.50 on 2024-12-04, expanding holdings to 17,541 shares; cluster of 3 other insiders also buying within 14 days.

Borck Leon, a director, purchased 5,600 shares at $44.50, representing a 46.9% increase to his holdings at 17,541 shares. This transaction occurred at a price approximately 7.5% below the current market price of $48.12 and well within the 52-week range. The stock has appreciated 12.8% over the past 30 days and 24.9% over 90 days. Most notably, this purchase is part of a cluster pattern with 3 other insiders also buying within the past 14 days, suggesting coordinated or independently-motivated accumulation at this price level. The company's P/E of 42.58 and net income of $19,851,000.00 warrant attention to whether this multiple is justified by growth prospects.

Director Koger Randee R bought 500 EQBK shares at $44.50; cluster pattern with 3 other insiders buying within 14 days

Director Koger Randee R purchased 500 shares of EQUITY BANCSHARES INC at $44.50 on 2024-12-04, bringing post-transaction holdings to 61,101 shares. This buy occurs within a cluster pattern: 3 other insiders also purchased shares within the past 14 days, which is noteworthy for coordinated insider activity at the company. The stock has shown strong momentum—up 12.8% over the past 30 days and 24.9% over 90 days—yet is currently 2.2% below its 52-week high of $49.21, suggesting continued interest despite recent appreciation. With a P/E of 42.58 and market cap of $735,733,579.08, the company carries a premium valuation; the confluence of multiple insider purchases across this timeframe warrants examination of what may have prompted the synchronized activity.

Director Loving buys 4,500 shares at $44.50; cluster pattern with 3 other insiders buying in 14 days

James S Loving, a director, purchased 4,500 shares of EQUITY BANCSHARES INC (EQBK) at $44.50 on 2024-12-04, increasing his holdings by 40.1% to 15,708 shares. His same-ticker history shows 3 of 5 prior buys were well-timed at the 90-day mark (notably +41.6% and +31.9% on earlier 2023 purchases), suggesting a track record of entry timing at this company. Most significantly, 3 other insiders also bought within the past 14 days, creating a cluster buy pattern that typically indicates coordinated conviction across the leadership. The stock has appreciated 12.8% over the past 30 days and 24.9% over 90 days, trading at $48.12 against a 52-week high of $49.21, though at a P/E of 42.58 the valuation warrants attention.

CEO Richard M Sems buys 1,100 EQBK shares at $44.50; 3 other insiders bought within 14 days

Richard M Sems, Chief Executive Officer, purchased 1,100 shares of EQUITY BANCSHARES INC at $44.50 on 2024-12-04, increasing his holdings by 10.1% to 12,009 shares. The transaction occurs within a cluster pattern: 3 other insiders also bought within the past 14 days, suggesting coordinated insider confidence at this price level. The stock currently trades at $48.12, roughly 2.2% below its 52-week high of $49.21, and has appreciated 24.9% over the prior 90 days. With a P/E of 42.58 and net income of $19,851,000, the valuation merits scrutiny relative to the timing and magnitude of insider accumulation during a strong recent rally.

EQBK CEO Elliott Brad S sold 28.7K shares ($1.3M) on 2024-11-06 at $46.38 blended average, reducing holdings by 36.6%.

Elliott Brad S executed 2 separate sales totaling 28,680 shares for $1,330,110.34 on November 6, 2024, reducing his stake from 78,281 shares to 49,601 shares. His prior trades at EQBK show a timing pattern of 0 of 2 prior sells well-timed at the 90-day mark; the two earlier 2024 sales (2024-07-23 and 2024-07-22) both saw positive 90-day returns (+3.5% and +7.8% respectively), meaning the stock rose after those sales. The current transaction occurred near the 52-week high ($47.01), with the stock at $45.97 currently (-2.2% from peak). The stock is up 18.0% over 30 days and 24.4% over 90 days. Given the substantial reduction in holdings and the proximity to recent highs, the sale represents a material reduction in the CEO's direct equity stake.

Director Borck Leon purchased 1,467 shares of EQBK at $38.77; holdings increased 14.0% to 11.9K shares

Director Borck Leon acquired 1,467 shares at $38.77, increasing his position by 14.0% to 11.9K shares post-transaction. The purchase price sits 7.3% below the current price of $41.73 and 8.8% below the 52-week high of $42.43, placing this acquisition within recent trading range context. The stock has appreciated 8.4% over the 30-day period and 25.0% over 90 days, reflecting sustained upward momentum. With a P/E of 65.20 against net income of $11.7M and a market cap of $636.9M, the valuation remains elevated. This discretionary buy represents a modest directional addition to an existing position during a period of material price appreciation.