Messerle Kevin 4

What Happened

• Kevin Messerle, CFO of Yellowstone Midco Holdings II, LLC (YSS), received an award of 80,882 restricted stock units (RSUs) on January 30, 2026. The units were reported as acquired at $0.00 (transaction code A). The filing notes these RSUs vest over three years, so they are unvested compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-30
• Report filed: 2026-02-03 (Form 4, accession 0001193125-26-036413) — filed within the normal two-business-day window (timely).
• Shares/units granted: 80,882 RSUs
• Acquisition price: $0.00 (non-cash award)
• Vesting: See footnote — units vest over three years (restricted stock units)
• Shares owned after transaction: Not specified in the filing
• Transaction code: A (award/grant)

Context

• RSUs are a form of equity compensation that convert to shares only as they vest; they do not represent an immediate cash purchase or sale. Such grants are commonly used for retention and compensation and should not be read as a direct buy/sell signal from the insider.