EQH Equitable Holdings, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon immediate Filed May 20, 2026 Processed 19d 11h ago
Insider cluster: 3 insiders, $2.3M total
Latest settled — T+5d ⚠ clustered
EQH ▼ -3.40% at T+5d
NEUTRAL call ✗ call lost -3.40% · α vs SPY -4.99% · entry $42.52 → $41.08
Next anchor: T+20d in 8d
Last close $41.32 (close Jun 8) · -2.83% from $42.52 entry
Entry anchored
May 20, 03:59 PM ET
via Databento tick
T+1d
+0.14%
call +0.14% · α -0.30%
$42.58
settled 20d ago
T+5d
-3.40%
call -3.40% · α -4.99%
$41.08
settled 13d ago
T+20d
call — · α —
in 8d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three senior executives (CEO, COO, and another officer) sold equity-linked shares in a tight window, totaling $2.28M in open-market sales. While the CEO's ~$1.7M sale is the largest, all three followed a pattern of exercising derivative securities immediately before selling, likely as part of a routine hedging/vesting cycle. At 0.019% of EQH's $11.9B market cap, the cluster is economically trivial and typical of portfolio diversification, not informed bearishness.

Key Financial Metrics

Direction
selling
Total Value
$2.3M
Insiders
3

Actionable Insight

This cluster is routine post-vesting diversification by senior executives. No bearish read-through is warranted given the tiny size relative to market cap, and the academic literature finds cluster sales are not more informative than non-cluster sales (Alldredge 2019). Monitor upcoming earnings for business updates, but this insider activity alone does not warrant action.

Key Facts

  • CEO Mark Pearson sold 39,700 shares on 2026-05-18 for ~$1.69M, immediately after exercising options for $0 and $23.18 strike on the same day.
  • COO Jeffrey Hurd sold 9,358 shares ($397K) on 2026-05-15, exercising options at $21.34 and $0 strike.
  • Officer Nick Lane sold 4,417 shares ($187K) on 2026-05-15, exercising options at $23.18 and $0 strike.
  • Total open-market sales represent ~0.019% of EQH's $11.9B market cap — below any materiality threshold.
  • All sales followed derivative exercises, consistent with equity-vesting and tax-covering liquidity, not directional bearish conviction.

Financial Impact

$2.28M in total open-market sales, equating to ~0.019% of market cap — immaterial

insider-ownership

Risk Factors

  • If future filings reveal unexpected deterioration in EQH's capital position or variable annuity reserves, the timing of these sales could raise questions — but currently no such context exists.

Market Snapshot

Exchange
NYSE
Sector
Insurance Agents, Brokers & Service
Analyst Consensus
94% bullish (18 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-EQH-1779395890665
12 reports for EQH
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for EQH — sortable, filterable
Type Now
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.58 $40.53▼ −4.81%▼ −6.47%$41.32 (−2.97%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.52 $41.08▼ −3.40%▼ −4.99%$41.32 (−2.83%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.52 $41.08▼ −3.40%▼ −4.99%$41.32 (−2.83%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.52 $41.08▼ −3.40%▼ −4.99%$41.32 (−2.83%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.52 $41.08▼ −3.40%▼ −4.99%$41.32 (−2.83%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$42.52 $41.08▼ −3.40%▼ −4.99%$41.32 (−2.83%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$42.52 $41.34▼ −2.77%▼ −4.62%$41.32 (−2.83%)
May 18, 2026
22d ago
Insider Cluster
NEUTRAL ★ 2/10
$41.21 $41.36▲ +0.36%▼ −1.93%$41.32 (+0.26%)
May 14, 2026
27d ago
Court Ruling
NEUTRAL ★ 1/10
$42.51 $42.52▲ +0.02%▲ +0.74%$41.32 (−2.81%)
Apr 15, 2026
8w ago
Insider Cluster
MIXED ★ 6/10
$41.97 $41.54▼ −1.02%▼ −2.66%$41.32 (−1.56%)
Showing 10 of 12

US Market Status

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