Sternhell Alexander McLeod 4

What Happened
Director Alexander McLeod Sternhell was granted 2,459 deferred share units (DSUs) on February 11, 2026. The grant is reported as a derivative award (code A) and is valued at $75,000 based on a $30.50 per-share closing price on the Nasdaq that day. The DSUs are fully vested as of the grant date.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-12 (timely filing).
• Award: 2,459 DSUs; valuation used: $30.50 per share; total reported value: $75,000 (footnote: based on Nasdaq close on Feb 11, 2026).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: Each DSU entitles the holder to receive one common share (or, at the holder’s election and plan administrator approval, cash equal to the share value) upon settlement. The DSUs are fully vested and will be settled following the reporting person’s separation from service.
• Transaction code: A = Award/Grant (derivative instrument).

Context
This was a compensation award (deferred share units), not an open-market purchase or sale. DSU grants are typically part of director compensation and do not necessarily signal an immediate change in the insider’s view of the company; they convert to shares (or cash) only upon settlement after separation from service.