BONNER EIMEAR P 4

What Happened
CFO Eimear Bonner exercised 7,534 stock options (strike $110.37) on January 28, 2026, paying about $831,528 to acquire the shares, and then sold those 7,534 shares in an open-market transaction at $170.00 per share for gross proceeds of $1,280,780. The transactions appear to be an exercise-and-sale (cashless exercise followed by immediate sale), yielding roughly $449,252 in gross proceeds before taxes and fees.

Key Details

• Transaction date: January 28, 2026.
• Exercise: 7,534 shares at $110.37 per share (total exercise cost ~$831,528).
• Sale: 7,534 shares at $170.00 per share (gross proceeds ~$1,280,780).
• Net difference (gross gain before costs/taxes): ≈ $449,252.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — sales were made under a Rule 10b5-1 trading plan adopted Feb 24, 2025; F2 — option was granted 1/29/2020 with standard vesting (one-third vested each year Jan 31, 2021–2023).
• Timeliness: Reported on Jan 30, 2026 for a Jan 28 transaction (filed within the usual Form 4 deadline).

Context
This was an option exercise immediately followed by an open-market sale, a common way for executives to realize gains from vested options. The sale was executed under a pre-established 10b5-1 plan, which typically means the trade was scheduled in advance rather than being a one-off decision based on current inside information.