Salmon Scott 4

What Happened

• Salmon Scott (EVP, Strategy & Development) was granted 2,340 restricted stock units (RSUs) on 2026-02-04. The RSUs were recorded at $0.00 (no cash paid) and are a derivative equity award that will convert into common stock on a one-for-one basis upon vesting.

Key Details

• Transaction date: 2026-02-04; Filing date: 2026-02-06 (Form 4) — filed within the typical two-business-day window.
• Transaction type/code: Award/Grant (A); Amount: 2,340 RSUs; Price: $0.00 (derivative award).
• Vesting: RSUs vest and settle into shares in four equal annual installments beginning February 4, 2027, subject to continued employment (Footnotes F1 & F2).
• Shares owned after transaction: Not specified in this filing.
• Exhibit/remark: Exhibit 24 — Power of Attorney.

Context

• RSU grants are a form of equity compensation, not an open‑market purchase or sale. They do not require immediate cash outlay by the insider and will only become actual shares as they vest per the schedule above. Such awards are common compensation events and should be interpreted as latest equity compensation activity rather than a direct buy/sell signal.