Williams Patrick 4

What Happened
Patrick Williams, President & CEO of Innospec Inc. (IOSP), was issued 18,966 shares on February 16, 2026 as the settlement of a performance-based restricted stock unit (RSU) award. The shares were recorded at $0.00 per share on the Form 4 (total reported cash value $0), reflecting an award/settlement rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-16 (reported on Form 4 filed 2026-02-18; filing appears timely)
• Type: Award/Acquisition (transaction code A) — settlement of performance-based RSUs
• Shares received: 18,966; reported price: $0.00 per share (acquired)
• Footnote: Shares were acquired upon settlement of a performance-based RSU grant made on February 27, 2023 (see footnote F1)
• Shares owned after the transaction: not specified in the provided filing data

Context
This was a settlement of previously granted performance-based RSUs, meaning the company converted vested/earned units into actual shares for the CEO. Such award-based acquisitions are routine executive compensation events and do not necessarily indicate immediate buying or selling intent in the market. Transaction code A denotes an award/acquisition rather than a market purchase or sale.