JACKSON JEANNE P 4

What Happened
Director Jeanne P. Jackson received an award of 302 restricted stock units (RSUs) on July 8, 2026. The RSUs are reported at a grant value based on $95.15 per share, or about $28,735 in aggregate. The filing classifies this as a derivative award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-08; Form 4 filed: 2026-07-10 (timely filing).
• Grant: 302 restricted stock units at a report value of $95.15 each (total ≈ $28,735).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to one share or a cash payment equal to the number of shares at vesting.
  • F2: The RSUs vest 100% on the last business day before the Company’s 2027 annual meeting, contingent on continued service as a director.
  • Other footnotes (F5–F7) describe deferred stock units and the Deferral Plan and relate to settlement and timing of deferred awards.
• Transaction type: Award/grant of RSUs (derivative), not an outright buy or sale.

Context
RSU grants to non-employee directors are commonly part of routine compensation and reflect equity-based pay rather than an investment decision by the insider. Because these are restricted units that vest only if the director remains in service through the vesting date, they don't represent immediately tradable shares unless settled earlier under plan terms.