Woodman Barbara A 4

What Happened

• Barbara A. Woodman, Vice President, Human Resources, was granted a total of 1,428 shares on February 25, 2026: 504 shares and 924 shares, each reported at an acquisition price of $0.00 (transaction code A = award/grant). These were awards under the company's equity plans rather than open‑market purchases or option exercises.

Key Details

• Transaction date: 2026-02-25; Report filed: 2026-02-27 (timely filing).
• Share counts and price: 504 shares @ $0.00 and 924 shares @ $0.00 (total 1,428 shares; total consideration reported $0).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: 504 shares represent restricted stock units (RSUs) that vest in annual installments over a three‑year period.
  • F3: 924 shares are performance‑based awards tied to 2024–2025 goals and vest on December 31, 2026.
  • F2: The filing notes a separate balance reflecting 23 shares acquired under the Employee Stock Purchase Plan between Jan 1 and Feb 25, 2026.
• No tax‑withholding sale or 10b5‑1 plan was indicated.

Context

• These awards are compensation grants (RSUs and performance shares). Because they were granted at $0, they are not purchases and do not represent an immediate cash outlay by the insider. Vesting schedules mean the shares become owned over time (or upon meeting performance criteria), so this is routine insider compensation rather than an active buy/sell signal.