Cortese David 4

What Happened
David Cortese, Executive Vice President & Chief Digital and Information Officer of McGraw Hill, received a grant of 42,105 restricted stock units (RSUs) on April 1, 2026. The grant price is reported as $0.00 (award), and each RSU represents the right to one share of common stock upon vesting. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: April 1, 2026 (Form 4 filed April 2, 2026). Transaction code: A (award/grant).
• Grant amount: 42,105 RSUs; reported acquisition price: $0.00.
• Vesting: Three equal annual installments on April 1, 2027; April 1, 2028; April 1, 2029, subject to continued employment. (See footnote F1.)
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Reported on Form 4 the next day (appears timely under Form 4 rules).
• No 10b5-1 plan, tax‑withholding, cashless exercise, or sale associated with this grant in the filing.

Context
RSUs are a common form of equity compensation and become shares only as they vest; they are not an immediate purchase or sale and do not by themselves signal a buy/sell decision by the insider. Taxable events and actual share ownership occur at vesting (or when any withholding is applied), and the grant is subject to Cortese’s continued employment through each vesting date.