Nettles Michelle 4

What Happened
Michelle Nettles, ManpowerGroup’s Chief People & Legal Officer, received 4,270 shares on February 12, 2026 in settlement of performance share units granted in 2023. The shares were valued at $31.01 each (total $132,413). To satisfy tax withholding obligations, 1,935 of those shares were withheld (disposed) at the same $31.01 price for a withholding value of $60,004, leaving a net of 2,335 shares retained (approx. $72,408 based on $31.01).

Key Details

• Transaction date: February 12, 2026; filing date: February 17, 2026 (filed one business day late).
• Award: 4,270 shares acquired at $31.01 each (total $132,413).
• Tax withholding: 1,935 shares withheld at $31.01 each (value $60,004) — coded as F (tax withholding).
• Net shares retained: 2,335 shares (approx. $72,408 using $31.01).
• Footnotes: F1 — shares were settlement of 2023 performance share units (not derivative securities under the 2011 Equity Incentive Plan, exempt under Rule 16b‑3). F2 — shares were withheld to satisfy tax withholding. F3 — $31.01 is the NYSE closing price on Feb 11, 2026.
• Shares owned after the transaction are not reported in the provided filing details.

Context
This was an award settlement of performance shares, not an open‑market purchase or sale by the insider. The withholding of shares for taxes is a routine cashless method to cover tax obligations and does not by itself indicate a change in sentiment. The transaction was reported on a Form 4 filed Feb 17 for a Feb 12 transaction (one business day late).