EquipmentShare Founder William Schlacks Purchases 10,000 Shares
William J. Schlacks, founder and president of EquipmentShare.com (NASDAQ: EQPT), purchased 10,000 shares of Class A common stock on September 2, 2026, according to an SEC Form 4 filing. The transaction increased his direct ownership from 60,950 to 70,950 shares and raised the total value of his holdings to $256 million following this purchase. The stock was bought at a weighted average price of $17.79 per share, while it closed at $17.81 on the day of the transaction. EquipmentShare reported trailing twelve-month revenue of $5 billion and net income of $23 million as of September 4, 2026, with its stock trading near a recent low after falling nearly 43.5% over the past year compared to an S&P 500 gain of 15.7%. Despite strong second-quarter results in 2026 showing revenue growth and improved net income, investor confidence appears affected by ongoing challenges. Schlacks maintains a controlling interest through indirect holdings via EQS Heritage Holdings and EQS Legacy Holdings, which collectively hold approximately 14.3 million shares with joint voting power.
Tickers: $EQPT
Topics: equity ownership SEC Form 4 stock purchase