HUNN LAURENCE NEIL 4

What Happened

• Laurence (Laurence Neil) Hunn, President & CEO and a director of Roper Technologies (ROP), was involved in a derivative award/exercise and a related share disposition on 2026-03-10. He was granted/acquired 67,495 shares (derivative award, code A) and disposed of 12,854 shares (code F) at $353.87 per share, generating approximately $4,548,645 to satisfy tax or exercise-related obligations.
• This appears to be a routine cashless/withholding transaction tied to an equity award or option exercise: the award/issuance produced 67,495 shares, and a portion (12,854) was surrendered/sold to cover taxes or exercise costs rather than an independent market sale for investment purposes.

Key Details

• Transaction date: 2026-03-10.
• Disposal: 12,854 shares sold/withheld at $353.87 each; total proceeds (or value surrendered) ≈ $4,548,645. Code F indicates payment of exercise price or tax liability.
• Acquisition: 67,495 shares recorded as a grant/award (code A) with $0 price shown (derivative issuance).
• Shares owned after transaction: not specified in the provided summary—see the full Form 4 for total beneficial ownership.
• Filing: Form 4 filed 2026-03-12 (covers transactions dated 2026-03-10); this filing date is within the typical two-business-day window.
• Footnote: Code F denotes shares used to pay taxes or exercise costs; code A denotes an award/grant or other acquisition.

Context

• For retail investors: this combination of an award/acquisition plus a simultaneous withholding/sale to cover taxes is common after option exercises or vesting events and generally reflects routine tax compliance rather than a deliberate market sell signal by the insider.
• The derivative nature of the 67,495-share acquisition suggests issuance from an equity plan (options or restricted stock units). Check the full SEC Form 4 text for plan details, vesting, and exact beneficial ownership if you need a complete picture.