Van Bakel Patrick J 4

What Happened

• Senior Vice President Patrick J. Van Bakel received an award of 22,267 shares (code A) on 2026-03-11. To satisfy tax obligations (code F), 11,922 of those shares were withheld/sold at $10.76 each, generating $128,281. The award shows $0 consideration because it was a grant.

Key Details

• Transaction date: 2026-03-11; Form filed: 2026-03-12 (timely).
• Award: 22,267 shares granted (no cash paid).
• Tax withholding/sale: 11,922 shares disposed at $10.76 for $128,281.
• Net shares retained from this award: 10,345 shares (22,267 − 11,922).
• Filing does not report total beneficial ownership after this transaction in the provided data.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (withholding).

Context

• The award is a grant to the executive; the withholding/sale of a portion of shares to cover taxes is routine and common after vesting or grant events. This is not an open-market sale of previously owned shares, and such withholding generally reflects tax mechanics rather than a directional trade opinion.