Kingsley Lawrence D 4

What Happened

• Director Kingsley Lawrence D had restricted stock units (RSUs) vest on May 7, 2026 and converted those derivative awards into common shares. The filing shows acquisitions of 257 and 82 shares (two sets) for a total of 339 shares. The acquisition entries list $0.00 as the price, reflecting conversion of compensation RSUs rather than a cash purchase. Corresponding derivative-disposition entries record the conversion of the RSU instruments into shares.

Key Details

• Transaction date: May 7, 2026 (filed on May 11, 2026).
• Transaction codes: M (exercise/conversion of derivative).
• Shares acquired: 257 and 82 (two separate entries), total = 339 shares; acquisition price reported $0.00.
• Disposition entries: same derivative units shown as disposed (N/A price) to reflect conversion into shares.
• Shares owned following the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU represents a contingent right to one share and vested in one installment on May 7, 2026; F2 — not applicable.
• Filing timeliness: Filed May 11, 2026 — within the two-business-day Form 4 reporting window for a May 7 transaction (timely).

Context

• This was a vesting/conversion of compensation RSUs, not an open-market purchase or sale; no sale of the underlying shares is reported here. Such transactions are routine compensation events and do not, by themselves, indicate a personal buy/sell decision. The filing shows the standard pair of entries (derivative disposed + shares acquired) used when restricted units convert into common stock.