O HANLEY RONALD P 4

What Happened
Ronald P. O'Hanley (Chairman, CEO & President) had multiple compensation-related transactions on 2026-02-13. He received a grant/settlement of 93,783 restricted stock units (RSUs). To satisfy tax withholding and other settlement obligations, 65,507 shares were withheld (reported as dispositions) at about $127.97 per share ($8.38M) and an additional 3,547 shares were surrendered to the issuer at $130.65 per share ($463K). After the exercises/settlement and withholdings, the filing implies a net addition of 24,729 shares to his holdings (93,783 granted − 65,507 withheld − 3,547 surrendered = 24,729).

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 18, 2026 (timely).
• Award: 93,783 RSUs granted/settled (footnotes indicate these relate to prior 2023/2024 awards and performance settlement).
• Tax withholding/payments: 43,918 shares withheld at $127.97 ($5,620,186) and 21,589 shares withheld at $127.97 ($2,762,744) — total 65,507 shares ($8.38M).
• Surrendered to issuer: 1,343 shares for $175,463 and 2,204 shares for $287,953 (total 3,547 shares, ~$463K) at $130.65.
• Net effect: ~24,729 net new shares retained after withholdings/surrenders.
• Notable footnotes: F4–F6 indicate settlement of performance awards and shares withheld to satisfy tax obligations; F2/F3 explain price determination for RSUs; F7 notes some shares are held by a trust.
• Shares owned after the transaction are not specified in the supplied excerpt.

Context

• These entries are compensation- and vesting-related (awards, option/derivative exercises and tax withholding), not open-market purchases or discretionary sales. When shares are withheld or surrendered to cover taxes/exercise obligations, that is a routine administrative settlement rather than a market-driven sale.
• For clarity: transaction codes used — A = award/grant, M = exercise/conversion of derivative, D = disposition to issuer, F = payment of exercise price or tax liability. The filing shows exercises/conversions and immediate withholding/surrenders (a form of cashless settlement).
• Such filings are common around vesting/settlement dates and do not necessarily signal the insider's buy/sell sentiment.