Sundar PichaiSundar Pichai earned $164M in 2023

Brad Elliott has been at the helm of Equity Bancshares, Inc. since January 2015. His leadership comes from a strong background in finance, where he has gained essential experience in bank operations and management. In 2023, he earned a total...

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Brad Elliott

Ex-CEO of Equity Bancshares

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Equity Bancshares for

9 years 4 months (Jan 2015 - May 2024)

Previous Experience

Chairman and Chief Executive Officer of the Company

Holdings

See how much did Brad Elliott make over time.

Brad Elliott has shown a keen interest in building his holdings within Equity Bancshares. As of the latest reports, he holds 404,899 shares directly and through various entities he manages. His wealth peaked with stock options that brought him a...

Total Stock Sold

$7.62M

EQBK

$7.62M

211,607 EQBK shares

What if they kept their stock?

If Brad Elliott didn't sell their stock, today they would have:
Extra EQBK211,607 shares worth $3.35M.
This is -56.02% and $4.27M less than what they got when they sold the stock.

Charitable Transactions

EQBK

102,378 shares

EQBK

Recent Charitable Transactions

EQBK

102,378 shares

EQBK

Oct 28, 2024

Charity

Insider Trading

See recent insider trades of Brad Elliott.

EQBK

3,723 shares

EQBK

Feb 27, 2025

Received

EQBK

$663.16K

EQBK at $43.60/share

Jan 31, 2025

Received

EQBK

$1.33M

EQBK at $46.35/share

Nov 6, 2024

Sale

EQBK

102,378 shares

EQBK

Oct 28, 2024

Charity

EQBK

102,378 shares

EQBK

Oct 28, 2024

Charity

EQBK

$1.25M

EQBK at $40.78/share

Jul 22, 2024

Sale

EQBK

$215.00K

EQBK at $31.80/share

Feb 28, 2024

Sale

EQBK

2,625 shares

EQBK

Feb 26, 2024

Received

EQBK

$634.60K

EQBK at $32.85/share

Jan 31, 2024

Received

EQBK

12,442 shares

EQBK

Feb 24, 2023

Received

Compensation History

See how much did Brad Elliott make over time.

In 2023, Brad Elliott earned a total compensation package of $2,646,119 for his role as CEO of Equity Bancshares. His base salary was $779,593, supplemented by significant vested stock worth $774,284. Unlike previous years, where bonuses were a notable part of his earnings, Elliott did not receive a bonus for 2023, which indicates a shift in the company’s performance metrics or strategic goals. His compensation reflects a philosophy that ties executive pay closely to company performance, illustrating a balanced approach to ensure he is motivated by both current and future results. Over the years, his pay structure has included various performance metrics, like pre-tax income relative to budget and individual performance targets, aligning his goals with those of shareholders.

Year

2023

Total Compensation

$1.94M

Salary

$779.59K

Board Justification

The compensation philosophy is to provide market-competitive programs that ensure the attraction and retention of high-performing talent, aligning executive compensation with company performance and stockholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$384.27K

Board Justification

Includes retirement contributions, life insurance, use of company vehicle, and club dues.

Restricted Stock

$774.28K(26.05K RSU)

Board Justification

Shares received upon vesting of restricted stock units during the year 2023.

Performance Metrics

Adjusted pre-tax income relative to budget, net overhead ratio relative to budget, and individual performance objectives.

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