BADDOUR LINDA 4

What Happened

• Linda Baddour, a director of Cryoport, was granted awards on June 5, 2026 totaling 26,427 underlying shares: 10,350 restricted stock rights and 16,077 derivative awards. Both grants were recorded at a $0 acquisition price, so no cash changed hands at grant. These are awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: June 5, 2026; Form 4 filed: June 9, 2026 (timely).
• Grants: 10,350 restricted stock rights @ $0; 16,077 derivative securities @ $0. Total potential shares = 26,427.
• Footnote F1: The 10,350 restricted stock rights vest in full on June 5, 2027 and automatically convert one-for-one into common shares upon vesting.
• Footnote F2: The 16,077 derivative awards vest in monthly installments — 1/12th vests on the 5th of each month beginning July 5, 2026.
• Shares owned after the reported transactions were not provided in the summary data provided here.

Context

• These are grant awards with vesting schedules, not immediate stock purchases or sales; such awards do not necessarily indicate an immediate bullish or bearish signal since they are typically part of compensation or retention packages.
• The derivative award vests monthly (rather than immediate exercise), so any future ownership or potential sale will depend on subsequent vesting and any exercise mechanics.