Reid William P 4

What Happened
Director William P. Reid was issued 1 share-equivalent restricted stock unit (RSU) on January 30, 2026, reported on Form 4 filed February 2, 2026. The reported acquisition shows 1 share at $0.00 (award) — this reflects issuance of RSUs tied to a dividend, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-02 (within required reporting window).
• Transaction type/code: Award/Grant (A).
• Amount/price: 1 share / $0.00.
• Footnote F1: These RSUs were issued in respect of already outstanding RSUs as a consequence of the Company’s January 30, 2026 dividend; the new RSUs are subject to the same vesting and forfeiture provisions as the original RSUs.
• Footnote F2: Holdings include shares issuable in respect of RSUs.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
This was a dividend-related issuance of additional RSUs (a compensatory award), not a purchase or sale — it does not signal a direct buy or sell by the insider. Such dividend-equivalent RSU issuances are routine and simply adjust outstanding equity awards; vesting and forfeiture terms remain unchanged.