HULL CHARLES W 4

What Happened
Charles W. Hull, EVP & Chief Technology Officer of 3D Systems (DDD), received equity awards on March 13, 2026: 50,000 restricted shares and 50,000 performance share units (PSUs). Both grants were reported at $0.00 per share (nominal transaction value). The restricted shares vest one‑third on April 1 of 2027, 2028 and 2029. The PSUs are derivative awards that convert to common shares only if the company achieves specified stock price targets.

Key Details

• Transaction date: March 13, 2026; Form filed March 17, 2026 (filed timely).
• Awards: 50,000 restricted stock units (RSUs) and 50,000 performance share units (PSUs); reported acquisition price $0.00; aggregate reported cash value $0.
• Vesting (RSUs): one‑third on 4/1/2027, one‑third on 4/1/2028, remainder on 4/1/2029, subject to continued employment (see footnote F1).
• PSUs: each unit represents a contingent right to one share and vests only if specified stock-price conditions are met (see F3).
• Ownership/holding vehicle: reference to a 1992 Revocable Living Trust for which Hull is trustee (footnote F2).
• Shares owned after the grant: not specified in the provided filing.

Context
This was a compensation grant (award), not an open‑market buy or sale—common for executive pay and retention. The PSUs are performance‑conditioned, so they may never convert to shares unless price targets are achieved. These awards do not by themselves indicate immediate bullish or bearish insider trading intent.