Handy Edward O. III 4

What Happened

• Edward O. Handy III (Chairman, CEO and Director) was granted 8,100 shares on 2026-01-22 (reported as an acquisition, code A) at $0.00. The next day (2026-01-23) 734 shares were disposed/withheld to cover tax liabilities (code F) at $30.17 per share, totaling $22,145.

Key Details

• Award date and terms: 2026-01-22 — 8,100 shares granted at $0.00 (A = award/grant).
• Tax withholding: 2026-01-23 — 734 shares withheld/disposed at $30.17 each; proceeds ≈ $22,145 (F = tax withholding/payment).
• Shares owned after the transactions: Not specified in the filing.
• Footnote: F1 notes the balance reflects acquisitions from dividend reinvestments exempt from Form 4 reporting under Rule 16a-11.
• Filing: Form 4 filed 2026-01-26 for transactions on 2026-01-22/23 (filed timely).

Context

• This was a compensation-related stock grant followed by routine withholding of shares to satisfy tax obligations; the grant is an acquisition (not a market purchase) and the withholding is a standard administrative action, not a conventional sale.