OKelly Shane M 4

What Happened
Shane M. O'Kelly (President, CEO and Director) had 13,609 shares withheld on Mar 4, 2026 to satisfy tax withholding obligations related to vesting restricted stock units. The shares were valued at $51.21 each, totaling approximately $696,917. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06.
• Shares withheld/disposed: 13,609 at $51.21 per share — total ≈ $696,917.
• Transaction code: F (shares withheld to satisfy tax liability).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The shares were withheld to satisfy taxes on time‑based RSUs granted Mar 4, 2025 that vest in three equal annual installments beginning on the one‑year anniversary of the grant.
• Filing timeliness: Form filed Mar 6, 2026 (within the typical 2-business-day reporting window).

Context
This is a routine tax-withholding event tied to RSU vesting (a common administrative transaction) rather than an intentional market sale expressing sentiment. For investors, such withholdings reduce outstanding insider-held shares but generally do not convey a buy/sell signal about the CEO's view of the company.