Braun Henrique 4

What Happened
COO Braun Henrique disposed of 27,234 shares on February 27, 2026 at $80.50 per share, a transaction value of $2,192,337. This disposition represents shares withheld to satisfy tax liabilities upon the vesting of performance share units (PSUs), not an open-market judgmental sale.

Key Details

• Transaction date and price: Feb 27, 2026 — 27,234 shares at $80.50 each (total $2,192,337).
• Transaction code: F — shares withheld to cover tax liabilities upon PSU vesting.
• Shares owned after transaction: Not reported in this filing.
• Relevant footnotes: F1 confirms shares were withheld to satisfy tax on PSUs issued Feb 19, 2026 under the 2023–2025 PSU program; F2–F5 provide plan/recordation context and share‑per‑unit definitions.
• Filing date: March 3, 2026 (Form 4 reporting this Feb 27 transaction); the filing does not state a late‑filing flag.

Context
This is a routine tax-withholding disposition tied to equity vesting. Such transactions are common and typically reflect tax obligations rather than a deliberate decision to reduce a position; purchases would generally be considered a stronger bullish signal.