WILSON THOMAS J 4

What Happened
Thomas J. Wilson (Chairman, President & CEO) reported gift transactions on March 20, 2026 that moved derivative interests totaling 117,229 shares (6,134 + 80,237 + 30,858). Each transfer is coded as a gift (G) at $0.00 per share, so no cash changed hands and the reported dollar value is $0. These were transfers of membership/derivative interests (not open-market sales or purchases).

Key Details

• Transaction date: 2026-03-20; Form 4 filed 2026-03-24 (within the normal two-business-day reporting window).
• Transaction type/code: G = Gift; reported as derivative security transactions at $0.00 per share; total reported value $0.
• Shares moved: 6,134; 80,237; and 30,858 (total 117,229). Each quantity shows matching disposed and acquired entries, consistent with transfers between related trusts/entities.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes (summary): The footnotes state that the Thomas J. Wilson 2023-C GRAT Trust assigned portions or all of membership interests in various TJW Options LLC series (2019 Series Middle Third, 2020 Series Last Third, 2021 Series Middle Third) to the Thomas J. Wilson 2020 GRAT Remainder Trust. These are intra-family/trust restructurings of membership interests.
• Filing timeliness: Filed 3/24/2026 for a 3/20/2026 transaction — within the standard reporting window.

Context

• These were gift/assignment transactions of derivative/membership interests between trusts, not market purchases or sales; gifts generally do not signal insider sentiment about the company’s stock price.
• Because the entries relate to membership interests in entities that hold option-like interests (TJW Options LLC series), they reflect reallocation of derivative/ownership stakes rather than exercise or sale of stock.