Belland Stephen L 4

What Happened

• Director Stephen L. Belland was granted 5,618 restricted stock units (RSUs) on 2026-04-16. The grant price reported is $0.00 (total reported value $0), meaning these are compensation awards rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-16; Form 4 filed: 2026-04-20 (filed within the standard two business-day window).
• Grant: 5,618 RSUs at $0.00 per unit (reported value $0).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs were granted under the Company’s 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock. The RSUs are scheduled to vest on the first anniversary of the grant date, subject to the reporting person’s continued service.

Context

• This was an equity compensation award (code A), a common way companies compensate and retain directors. Awards do not represent an immediate cash outlay or open-market purchase and should be viewed differently than insider purchases or sales. The filing appears timely under Form 4 rules.