Carver Samuel M. 4

What Happened

• Samuel M. Carver, Senior Vice President — Global Operations of SMITH A O CORP (AOS), received shares on 2026-02-13 from the scheduled vesting/settlement of equity awards. He received 2,605 shares from performance stock units (PSUs) that vested at 150% of target and 709 restricted stock units (RSUs) that became payable, for a gross total of 3,314 shares.
• The filing shows 1,026 shares were withheld to satisfy tax withholding obligations (disposed) at $79.89 per share ($81,962). Using the reported $79.89 price, the PSU conversion is roughly $208,113 and the RSU settlement is $56,638, for a gross value of about $264,751 and a net retained value of roughly $182,789 after withholding.
• This was an award/vesting transaction (not an open-market purchase or sale) and is generally routine compensation rather than an explicit buy/sell signal.

Key Details

• Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-17 (filed four calendar days later; appears timely given weekend/holiday).
• Prices shown: tax withholding and award valuation use $79.89 per share.
• Shares reported acquired: 2,605 (PSU conversion) + 709 (RSU settlement) = 3,314 shares.
• Shares disposed for taxes: 1,026 shares withheld, $81,962.
• Net new shares retained: 3,314 − 1,026 = 2,288 shares (≈ $182,789 at $79.89).
• Notable footnotes: PSUs vested at 150% of target for the 2023–2025 period (F3); RSUs were grants from 02/13/2023 that vested on 02/13/2026 (F4); withholding by the company satisfied tax obligations (F2); RSU settlement represented one share per unit (F1).
• Shares owned after transaction: not specified in the filing.

Context

• The "M" derivative entries reflect conversion/settlement of performance-based and restricted units into common shares (no cash exercise price). This was not a market sale—only shares were withheld to cover taxes (a common cashless settlement).
• Such award/vesting filings are routine compensation events for executives and do not, by themselves, indicate the insider is buying or selling stock as a directional bet.