EquipmentShare appointed Damian Giangiacomo and Harley Miller to its Board of Directors, succeeding departing members after their IPO.
Quiver AI Summary
EquipmentShare.com Inc, a leading provider of connected jobsite technology and equipment rental in the U.S., has announced the appointments of Damian Giangiacomo and Harley Miller to its Board of Directors as of June 8, 2026. Giangiacomo will also join the Board's Audit Committee. Their arrival follows the recent departure of board members Henry Yeagley and John Weinstein, marking a significant transition for the company post-IPO. EquipmentShare's CEO, Jabbok Schlacks, expressed enthusiasm for their contributions, highlighting Giangiacomo’s governance expertise and Miller’s experience in scaling high-growth businesses as essential for the company's future. Both new board members have prior relationships with EquipmentShare, with Miller having previously served during its private growth phase.
Potential Positives
- The appointment of Damian Giangiacomo and Harley Miller to the Board of Directors brings significant expertise in corporate governance, finance, and venture capital, which can enhance EquipmentShare's strategic direction and governance as a public company.
- The successful completion of EquipmentShare’s IPO marks a major strategic milestone for the company, positioning it for long-term value creation and expanded market opportunities.
- The orderly transition of Board members demonstrates EquipmentShare's commitment to evolving corporate governance in alignment with its growth as a public enterprise.
Potential Negatives
- The departure of two board members could signal instability or a lack of continuity in leadership during a vital transition period as a public company.
- There is inherent risk in the company's forward-looking statements, indicating potential uncertainties regarding its expansion strategy and performance in the competitive construction equipment rental industry.
- Significant changes in the board's composition might raise questions among investors about the future direction and governance of the company.
FAQ
Who were recently appointed to EquipmentShare's Board of Directors?
Damian Giangiacomo and Harley Miller were appointed to EquipmentShare's Board of Directors on June 8, 2026.
What are the backgrounds of Damian Giangiacomo and Harley Miller?
Giangiacomo co-founded Nexus Capital Management, while Miller founded Left Lane Capital, both with extensive experience in private equity and venture capital.
Why did Henry Yeagley and John Weinstein leave the Board?
They stepped down in connection with an orderly board transition following EquipmentShare's successful IPO.
What is EquipmentShare's main focus as a company?
EquipmentShare focuses on transforming the construction industry through technology solutions, equipment rental, and data-driven insights.
How can I learn more about EquipmentShare's services?
Visit EquipmentShare's official website at www.equipmentshare.com for more information on their services and technology.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EQPT Insider Trading Activity
$EQPT insiders have traded $EQPT stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $EQPT stock by insiders over the last 6 months:
- W BRYAN HILL purchased 21,803 shares for an estimated $499,070
- NAVEEN BHATIA purchased 10,000 shares for an estimated $242,200
- DAVID MARQUARDT (CFO & Chief Accounting Officer) purchased 4,285 shares for an estimated $104,982
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$EQPT Hedge Fund Activity
We have seen 117 institutional investors add shares of $EQPT stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ANCHORAGE CAPITAL GROUP, L.L.C. added 17,770,560 shares (+inf%) to their portfolio in Q1 2026, for an estimated $361,986,307
- INSIGHT HOLDINGS GROUP, LLC added 13,526,731 shares (+inf%) to their portfolio in Q1 2026, for an estimated $275,539,510
- BDT CAPITAL PARTNERS, LLC added 10,548,937 shares (+inf%) to their portfolio in Q1 2026, for an estimated $214,881,846
- PRICE T ROWE ASSOCIATES INC /MD/ added 5,425,479 shares (+inf%) to their portfolio in Q1 2026, for an estimated $110,517,007
- WELLINGTON MANAGEMENT GROUP LLP added 5,318,853 shares (+inf%) to their portfolio in Q1 2026, for an estimated $108,345,035
- ANCHORAGE CAPITAL ADVISORS, L.P. added 3,414,655 shares (+inf%) to their portfolio in Q1 2026, for an estimated $69,556,522
- AMERICAN CENTURY COMPANIES INC added 2,910,107 shares (+inf%) to their portfolio in Q1 2026, for an estimated $59,278,879
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$EQPT Analyst Ratings
Wall Street analysts have issued reports on $EQPT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Baird issued a "Outperform" rating on 02/17/2026
To track analyst ratings and price targets for $EQPT, check out Quiver Quantitative's $EQPT forecast page.
$EQPT Price Targets
Multiple analysts have issued price targets for $EQPT recently. We have seen 8 analysts offer price targets for $EQPT in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Jamie Cook from Truist Securities set a target price of $41.0 on 05/15/2026
- Kyle Menges from Citigroup set a target price of $26.0 on 05/15/2026
- Jerry Revich from Wells Fargo set a target price of $32.0 on 04/13/2026
- Mircea Dobre from Baird set a target price of $55.0 on 03/20/2026
- Joe Ritchie from Goldman Sachs set a target price of $51.0 on 02/17/2026
- Aaron Kimson from Citizens set a target price of $42.0 on 02/17/2026
- Scott Schneeberger from Oppenheimer set a target price of $39.0 on 02/17/2026
Full Release
COLUMBIA, Mo., June 10, 2026 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc (Nasdaq: EQPT) (“EquipmentShare” or the “Company”), a leader in connected jobsite technology and one of the largest equipment rental providers in the United States, announced the appointment of Damian Giangiacomo and Harley Miller to its Board of Directors (the “Board”), effective June 8, 2026. Mr. Giangiacomo will also serve as a member of the Board’s Audit Committee.
Following the successful completion of EquipmentShare’s initial public offering (“IPO”), Board members Henry Yeagley, who joined the Board in May 2022, and John Weinstein, who joined the Board in December 2024, stepped down in connection with an orderly board transition. Their departures reflect the Company’s continued evolution as a public company.
“We are excited to welcome Damian and Harley to our Board of Directors during this pivotal next chapter as a public company,” said Jabbok Schlacks, founder and CEO of EquipmentShare. “Damian’s experience in corporate governance, finance, and strategy, combined with Harley’s exceptional track record in scaling high-growth venture ecosystems and his deep historical knowledge of EquipmentShare will be invaluable as we continue expanding our footprint and driving long-term shareholder value.”
“On behalf of the entire Board and executive team, I want to express our gratitude to Henry and John. Their leadership and support were instrumental in navigating our growth and preparing EquipmentShare for its market debut. We truly appreciate their years of service to the Company, and we wish them the absolute best in their future endeavors,” said Schlacks.
“EquipmentShare has consistently redefined expectations in the industrial technology and asset management sectors,” said Mr. Giangiacomo. “I look forward to partnering with the leadership team and the rest of the Board to champion robust governance and support the Company's fiscal and strategic goals in the public sphere.”
“Having supported EquipmentShare during an earlier phase of its remarkable journey, I am thrilled to rejoin the Board at this milestone moment,” added Mr. Miller. “The team has built an incredible foundation, and I am eager to leverage my experience with high-scale technology businesses to help guide the Company through its public market expansion.”
“I am deeply grateful for the opportunity to have contributed to EquipmentShare’s remarkable journey,” said John Weinstein, Managing Director at Insight Partners. “Our successful IPO marks the achievement of a major strategic milestone, creating the perfect inflection point for an orderly board transition. Insight Partners remains a dedicated shareholder, with full confidence that the Company is well-positioned to deliver long-term value to its new public shareholders.”
“It has been an honor to serve on EquipmentShare’s Board and to witness the Company’s evolution and public debut,” said Henry Yeagley, Partner at BDT & MSD. “We look forward to continuing to support EquipmentShare and seeing its continued success.”
About Damian Giangiacomo
Damian Giangiacomo co-founded Nexus Capital Management LP (“Nexus”), a private equity firm, in 2013 and currently serves as a Managing Partner. Nexus is based in Los Angeles, CA with approximately $5 billion of assets under management, where Mr. Giangiacomo leads or co-leads investments across the education, industrial, and consumer sectors. Prior to co-founding Nexus, he spent 13 years in the Private Equity Group at Apollo Global Management, Inc. He began his career in the Mergers, Acquisitions & Restructurings Department at Morgan Stanley. Mr. Giangiacomo currently serves on the board of publicly traded Rent the Runway, Inc. (Nasdaq: RENT), where he is a member of the audit committee, as well as several private companies including Lamps Plus, Encoura, Ethos Pet, Post Advisory Group, Savvas Learning Company, Sperber Landscape Companies, TruRoots, and Xdora. He holds a Bachelor of Business Administration from the University of Notre Dame.
About Harley Miller
Harley Miller founded Left Lane Capital (“Left Lane”), a leading venture capital and growth equity firm, in 2019 and currently serves as its Chief Executive Officer. Prior to founding Left Lane, Mr. Miller spent nine years as a Principal at Insight Venture Management, LLP. He possesses a strong historical knowledge of EquipmentShare, having previously served on the Board during its private growth phase from December 2016 onward. Mr. Miller currently serves on the boards of directors of several private companies and holds a Bachelor of Science from the Wharton School of the University of Pennsylvania.
About EquipmentShare
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare (Nasdaq: EQPT) is a nationwide construction technology and equipment solutions provider dedicated to transforming the construction industry through innovative tools, platforms and data-driven insights. By empowering contractors, builders and equipment owners with its proprietary technology,
T3
®
, EquipmentShare aims to drive productivity, efficiency, and collaboration across the construction sector. With a comprehensive suite of solutions that includes a fleet management platform, telematics devices and a best-in-class equipment rental marketplace, EquipmentShare continues to lead the industry in building the future of construction. For more information, visit
www.equipmentshare.com
.
Forward-Looking Statements
This press release includes certain “forward-looking statements” for purposes of United States federal and state securities laws. Forward-looking statements are statements other than statements of historical fact and can be identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology. These forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond EquipmentShare’s control, including but not limited to, risks and uncertainties related to economic, market or business conditions, the construction equipment rental industry, the ability to execute on our expansion strategy, changes in leadership or Board composition, and other risks and uncertainties. For a further list and description of such risks and uncertainties, please refer to EquipmentShare’s filings with the Securities and Exchange Commission available at
www.sec.gov
. All forward-looking statements, expressed or implied, included in this press release are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Except as otherwise required by applicable law, EquipmentShare disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
Investor Inquiries:
Rhett Butler
[email protected]
For additional information or media inquiries, please contact:
Amy N. Susán
Phone: (573) 890-0609
[email protected]