Lee Lori M 4/A

What Happened

• Lori M. Lee, Global Marketing Officer & Senior EVP, International, received a distribution of performance shares on January 29, 2026. As part of the distribution, 93,776.821 shares were withheld to satisfy federal taxes (disposed at $25.13 per share, ~$2.36M) and 95,394.299 shares were surrendered/returned to the issuer (disposed at $25.13 per share, ~$2.40M). An additional 49,142 shares were transferred from indirect to direct ownership as part of the distribution (no price reported).
• This was a distribution of performance shares (each performance share is equivalent in value to one share of common stock), not an open-market sale or a principal insider purchase. The transactions reflect tax withholding/settlement and conversion of plan holdings into direct ownership.

Key Details

• Transaction date: 2026-01-29 (Form 4 filed as an amended report on 2026-02-19).
• Prices & values: 93,776.821 shares withheld @ $25.13 = $2,356,612; 95,394.299 shares disposed to issuer @ $25.13 = $2,397,259. 49,142 shares moved from indirect to direct ownership (no dollar amount reported).
• Footnotes: F1–F3 indicate revisions due to re-calculation of shares needed for federal taxes; F2 shows some performance shares were distributed in cash after taxes; F3 shows some were distributed as issuer shares after taxes; F4 notes each performance share equals one common share; F5 notes transfer of 49,142 shares from indirect to direct ownership.
• Shares owned after transaction: Not specified in this Form 4.
• Filing status: This is an amended Form 4 filed on Feb 19, 2026 for transactions dated Jan 29, 2026—later than the standard 2-business-day reporting window, so it appears to be a late/amended filing.

Context

• These transactions are routine for awards: companies often withhold or retake shares to cover tax obligations when performance awards vest or are distributed. The filings show tax withholding and cash/share settlement rather than a market sale by the insider, and the transfer of shares from plan/indirect ownership to direct ownership.