BEARD GRANT H 4

What Happened

• Grant H. Beard, a director of Advanced Energy Industries, had 3,029 restricted stock units (RSUs) convert into 3,029 common shares on May 2, 2026 (reported on a Form 4 filed May 5, 2026). The filing shows the conversion/exercise of a derivative (code M) resulting in acquisition of 3,029 shares; there are no cash proceeds or market sale reported (price shown as N/A or $0.00).

Key Details

• Transaction date: 2026-05-02; Form 4 filed: 2026-05-05.
• Transaction type: Conversion/vesting of RSUs (derivative, code M) — 3,029 shares acquired; a corresponding disposition line shows $0.00 (no cash sale reported).
• Price/value: No purchase price or sale proceeds reported on the Form 4 (conversion/vesting event).
• Shares owned after transaction: Not specified in the provided filing.
• Relevant footnotes:
  • F1: These 3,029 RSUs were granted 2025-05-02 and vested one year later; RSUs convert 1-for-1 to common stock.
  • F2: The filing notes 402.093 shares acquired via dividend reinvestment are included and numbers are rounded down.
  • F3: RSUs are not exercisable and have no expiration date.
• Timeliness: The filing lists the transaction date and the Form 4 filing date; the Form 4 itself does not flag a late filing in the provided details.

Context

• This was a standard RSU vesting/conversion event, not an open-market purchase or sale — it does not by itself signal a buy or sell decision. Derivative code M here indicates conversion/exercise of a derivative instrument (RSUs converting to common shares). Purchases or market sales by insiders tend to be more informative about sentiment than routine vesting events.