ADAMS JOHN BUCHANAN JR 4

What Happened

• Adams John Buchanan Jr. (listed in the filing as a director) received 1,100 shares as a restricted stock grant on January 30, 2026. The shares were issued at $0.00 per share (award/compensation), so the immediate cash value reported is $0. This is an award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (filed within the SEC’s two-business-day reporting window).
• Shares granted: 1,100 shares at $0.00 per share (award).
• Vesting: Grant vests in four equal annual installments beginning January 30, 2027 (per footnote F1).
• Dividend reinvestment note: Footnote F2 states the filing includes 296.10 shares acquired since the most recent Section 16 filing via dividend reinvestment under the company’s DRIP.
• Shares owned after transaction: Not specified in the details provided.

Context

• This transaction is a restricted stock grant as compensation to a director. Such awards are common for retention/compensation and differ from purchases or insider selling; they do not necessarily signal immediate buy/sell voting by the insider.
• The filing appears timely (filed Feb 3 for a Jan 30 transaction).