SWENSON PETER G 4

What Happened

• Peter G. Swenson, CEO, Chairman and Director of Park Dental Partners (PARK), was granted 23,785 restricted stock units (RSUs) on June 15, 2026. The RSUs were awarded for no cash consideration (reported price $0.00) and are a derivative award that convert to common shares upon vesting.

Key Details

• Transaction date: 2026-06-15 (Form 4 filed 2026-06-22; filing appears later than the typical 2-business-day deadline)
• Transaction type/code: Award/Grant (A); derivative (RSUs)
• Amount: 23,785 RSUs; reported price per unit: $0.00 (no cash paid)
• Vesting: 25% vests on each of the first four anniversaries of the grant date, subject to continued service and award agreement (see footnote F2)
• Each RSU converts to one share upon vesting (footnote F1); grant explicitly no cash consideration (footnote F3)
• Shares owned after the grant: not specified in the provided filing excerpt

Context

• RSU grants are a common form of executive compensation and are not an immediate purchase or sale of stock; they only become actual shares as they vest. This award does not indicate an immediate liquidity event (no shares sold) and should be viewed as compensation tied to continued service and performance rather than a direct market sentiment signal.