Ryan Matthew T. 4

What Happened

• Director Ryan Matthew T. was granted 3,590 restricted stock units (RSUs) on February 27, 2026. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 per unit — the RSUs have no immediate cash value and are recorded as $0 in the filing. This was a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-27; Report filed: 2026-03-02 (timely).
• Award: 3,590 RSUs; reported price/value on grant: $0.00 (derivative grant).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: F1 — RSUs will be settled in common stock on February 27, 2027, subject to continued service. F2 — Granted as compensation for services.
• Filing timeliness: Form 4 was filed within the SEC’s two-business-day reporting window.

Context

• RSUs are a deferred compensation award that convert into actual shares only if vesting/service conditions are met (here, settlement is scheduled one year later). Because this is a grant for services, it’s a routine compensation event and not an immediate market signal like a purchase or sale.