Qiu Jack 4

What Happened

• Jack Qiu, Senior Vice President and President of A. O. Smith China, reported a conversion/settlement of 3,275 restricted stock units (derivative transaction code M) on 2026-02-13. The filing shows the units were disposed/paid and lists a per‑share price of $0.00 and total reported value of $0 (the filing does not report the cash payout amount).
• This was a vesting/settlement of an award (not an open‑market sale or purchase). It reflects a company equity award being paid out (cash‑settled), not a directional buy or sell of company stock on the market.

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-17.
• Transaction type/code: M (exercise/conversion of derivative); 3,275 units converted/disposed; price shown $0.00; total shown $0.
• Shares owned after transaction: Not stated in the provided filing.
• Footnotes: F1—each restricted stock unit (RSU) is the economic equivalent of one A. O. Smith common share. F2—these RSUs were granted 02/13/2023 under the A. O. Smith Combined Incentive Compensation Plan (Rule 16b‑3 exempt) and became payable in cash on the 02/13/2026 vesting date.
• Timeliness: Filing date is 2026-02-17; no late‑filing flag was provided in the supplied data.

Context

• This was a cash settlement of vested RSUs (converted under the award terms), not a sale of shares in the open market. Cash settlement means the insider received a cash payment tied to the vested units rather than taking delivery of shares.
• Because the Form 4 does not report the cash payout amount here, the economic value received is not shown in this filing. As with most award vestings, this is a routine compensation event and does not by itself indicate an insider view on the company's stock.