Ruda Harry E 4

What Happened

• Director Harry E. Ruda had 809 restricted stock units (RSUs) convert to common shares on 2026-07-02. The filing shows 809 shares acquired at $0.00 (conversion of the derivative) and a matching disposition of the derivative instrument. To satisfy tax withholding, 493 shares were withheld/disposed at $15.69 per share for $7,735. That leaves a net 316 shares delivered to Ruda (809 vested − 493 withheld). This is a routine vesting/tax withholding event, not an open-market buy or sale.

Key Details

• Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
• Conversion/Exercise (code M): 809 RSUs → 809 shares @ $0.00.
• Tax withholding (code F): 493 shares withheld @ $15.69 = $7,735.
• Net shares received: 316 shares (809 − 493).
• Footnote: These RSUs have no expiration date (F1).
• Shares owned after the transaction: not specified in the provided filing.
• No lateness flag provided in the data; filing date is 4 days after the transaction.

Context

• This appears to be a standard RSU vesting event with shares withheld to cover taxes (common practice). It is not an open-market sale or purchase that would indicate immediate trading intent. For derivative transactions like this, “M” indicates conversion/exercise of the RSU into shares and “F” indicates shares withheld to pay taxes.