McConville James 4

What Happened
James McConville, a director of Yellowstone Midco Holdings II, LLC (YSS), received an award of 5,294 restricted stock units (RSUs) on January 30, 2026. The Form 4 reports the acquisition as an award/grant (code A) at a $0 per-share price (typical for RSU grants, not an open‑market purchase).

Key Details

• Transaction date: 2026-01-30; Transaction code: A (award/grant).
• Amount: 5,294 RSUs; reported price: $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote: These are restricted stock units that vest on the first anniversary of the grant date (per footnote F1).
• Filing timeliness: Report filed 2026-02-03 — appears to be timely (within the Form 4 reporting window).

Context
RSU grants are compensation awards that convert to actual shares only after vesting; because these units vest one year after the grant, they do not immediately increase tradable float. Grants are routine for directors and employees and do not, by themselves, imply a buy or sell signal; purchases generally carry more direct market sentiment.