ASGI: director Donal Reynolds exercised 4,000 shares

What happened

• Donal Reynolds, a director, exercised in-the-money derivatives on Oct 15, 2026, acquiring 1,000 common shares and disposing 3,000 common shares. The Form 4 lists the transaction amounts as N/A. Footnotes to the filing state the related rights offering subscription price was $19.28 per share.

Key details

• Transaction date: Oct 15, 2026; transaction code X (exercise of in-the-money derivative).
• Reported price/value on the Form 4: N/A; rights offering subscription price per footnote: $19.28 per share.
• Shares owned after the transaction: not reported in the Form 4.
• Footnote summary: Rights offering commenced Sep 11, 2026; record date Sep 21, 2026; Record Date Shareholders received one right per outstanding whole share; one new common share purchasable for every three rights; oversubscription privilege available but the reporting person exercised only his basic subscription right and did not exercise the oversubscription privilege; subscription rights expired Oct 15, 2026 at 5:00 p.m. Eastern.
• Filing date: Oct 19, 2026; the filing does not indicate it was late.

Why it may matter

• The Form 4 shows Reynolds exercised an in-the-money derivative and that some shares were acquired and some were disposed of on the same date. The filing does not show why the insider traded or why the company acted.