Gennette Jeffrey 4

What Happened

• Director Gennette Jeffrey received a grant of 2,018 restricted stock units (RSUs) on 2026-06-26. The grant is reported as an acquisition at $0.00 per share (typical for RSU awards), representing a non-cash equity award that will convert to common shares upon vesting.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30. No late-filing flag is indicated in the filing.
• Transaction code: A (grant/award). Price reported: $0.00; Total reported acquisition value: $0.
• Vesting: Footnote F1 — the RSUs were granted 6/26/2026 and vest 100% on the first anniversary of the grant date; they settle for an equivalent number of common shares upon vesting.
• Holdings note: Footnote F2 — the filing references 2,291 RSUs that are subject to certain vesting and forfeiture provisions (included in reported holdings).
• Shares owned after transaction: the filing does not state a consolidated total of common shares held post-grant beyond the RSU footnote information.

Context

• RSU grants are compensatory awards, not open-market purchases or sales; they do not involve immediate cash outlay or sale of shares. They become actual common shares only if/when they vest and typically remain subject to forfeiture until that time.
• Such awards are routine for executives and directors as part of compensation packages; they are informative about compensation but do not necessarily signal near-term buying or selling intent.