Paul Dennis 4

What Happened

• Paul Dennis, a director of SharkNinja, converted 2,085 restricted share units (RSUs) into 2,085 ordinary shares on June 18, 2026. The reported exercise/conversion price is $0.00, so no cash was paid and the reported value is $0.
• The Form 4 also shows a simultaneous disposition of 2,085 derivative shares on the same date (also reported at $0). The filing does not specify the economic reason for the disposition.

Key Details

• Transaction date: 2026-06-18. Form 4 filed: 2026-06-22 (filed on the standard two-business-day deadline).
• Reported amounts/prices: 2,085 shares acquired at $0.00; 2,085 shares disposed (derivative) at $0.00.
• Shares owned after transaction: not reported in this Form 4.
• Footnotes: F1 — each Restricted Share Unit represents the contingent right to receive one ordinary share; F2 — these RSUs were granted on June 20, 2025 and vested in full on June 18, 2026.
• No 10b5-1 plan, tax withholding, or sale-for-cash details are provided in the filing.

Context

• This transaction appears to be the routine vesting/conversion of RSUs into common shares. The simultaneous acquisition and disposition of the same number of derivative shares may reflect settlement mechanics (e.g., transfer or withholding) but the filing does not state the reason, so no inference about intent should be made.
• Conversions of vested RSUs are common and generally reflect compensation realizing into shares rather than an open-market purchase or sale by the insider.