Begor Mark W, CEO of Equifax (EFX), has been a consistent seller of company stock over the past year, with no open-market purchases recorded in his SEC Form 4 filings. Across 77 total transactions spanning two companies, his cumulative sales reached approximately $64.8 million, entirely concentrated in EFX shares. The most recent activity, filed on July 24, 2026, shows seven separate open-market sales totaling roughly $6.4 million, ranging from $87,926 to $3.7 million per transaction. This pattern mirrors his April 24, 2026 sales of about $6.5 million and February 10, 2026 sales totaling approximately $7.4 million, indicating a steady quarterly cadence of large disposals.
Notably, each sale date coincides with an option exercise (code M) of equal value—$4.25 million on both July 24 and April 24—suggesting a mechanical sell-to-cover strategy rather than discretionary market timing. The February 10 transaction also included a $356,567 tax-withholding event (code F), further reinforcing that these are scheduled liquidity events tied to equity compensation. Begor also received zero-value grants (code A) from EFX on February 25, 2026, and from Raymond James Financial (RJF) on February 19, 2026, where he serves as a director, though no sales have been reported in RJF.
The data reveals a clear one-way direction: 20 recent sales against zero purchases, with no acquisition value reported across his entire filing history. While the transaction sizes are substantial—averaging over $3 million per major sale date—the consistent pairing with option exercises and tax withholdings suggests these are routine portfolio rebalancing actions by a long-tenured executive rather than opportunistic trades. His EFX holdings remain diversified across multiple brokers, and the absence of any buy-side activity indicates a sustained reduction in direct equity exposure over the observed period.
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