v3.26.3
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
Accelerated Share Repurchase Agreement
In September 2026, Holdings established an obligation to enter into an ASR with a third-party financial institution to repurchase an aggregate of $95 million of Holdings’ common stock. Pursuant to the ASR, on October 2, 2026, Holdings made a pre-payment of $95 million and received initial delivery of 1.5 million shares. The ASR terminated in November 2026, at which time an additional 322,774 shares of common stock were received.
Sale of Employee Benefits business
On October 13, 2026, Equitable completed the sale of its Employee Benefits business to The Hartford. Under the terms of the transaction, The Hartford acquired the operating assets of the Employee Benefits business, including related technology systems, employees, books and records, and renewal rights associated with the in-force business.