Rodrigues Mark Albert 4

What Happened

• Mark Rodrigues (SVP, GM GBEs Turbo Tech) was credited with 15,379 shares when performance-based stock units (PSUs) were certified as earned. The PSUs were granted Feb 17, 2023, certified on Feb 11, 2026 and vested on Feb 17, 2026.
• Garrett withheld 9,088 of those shares to cover tax liabilities in two withholding transactions (2,289 shares and 6,799 shares) at $20.62 per share, generating withholding value of $47,199 and $140,195 respectively. Gross value of the vested award ≈ $317,115; withheld value ≈ $187,394; net shares retained = 6,291 (net value ≈ $129,721).

Key Details

• Transaction types: A = Award/Grant (15,379 shares acquired); F = Tax withholding (2 dispositions: 2,289 and 6,799 shares at $20.62).
• Transaction dates: Certification 02/11/2026 (PSUs certified); vesting and withholding occurred 02/17/2026; Form 4 filed 02/27/2026.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 = PSUs granted 02/17/2023, certified 02/11/2026 and vested 02/17/2026; F2/F3 = shares withheld by Garrett to satisfy tax liabilities on RSUs/PSUs.
• Timeliness: The Form 4 was filed on 02/27/2026 covering 02/11 and 02/17 events; this appears later than the typical two-business-day filing window.

Context

• This was not an open-market purchase or sale by the insider for investment reasons but the vesting of performance-based equity (compensation). Company withholding of shares to cover taxes is routine (code F = tax withholding).
• For retail investors: awards and tax-withholding disposals are common compensation mechanics and do not necessarily signal insider sentiment about the stock.