Lynch Michael Joseph 4

What Happened

• Michael J. Lynch (President, Driveline) received a grant of 128,509 restricted stock units (RSUs) on February 26, 2026. The award was reported on a Form 4 filed March 2, 2026. The grant price reported is $0.00, and the RSUs will settle into common stock upon vesting (no cash purchase).

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 dated 2026-03-02)
• Transaction type: Award/Grant of RSUs (code A)
• Shares/units granted: 128,509; price per share: $0.00; immediate cash value reported: $0
• Vesting: These RSUs will settle in common stock on the third anniversary of the grant date (per filing footnote)
• Shares owned after transaction: Not specified in the provided summary filing
• Filing timeliness: Form 4 was filed on 2026-03-02 — within the 2 business-day reporting window for Section 16 insiders

Context

• This is a compensation grant (RSUs) that represents a future issuance of common stock upon vesting; it does not reflect an open-market purchase or sale. Such awards are common for executive pay and do not by themselves indicate immediate buying or selling intent.