Kumar Nisha 4

What Happened

• Nisha Kumar, a director of Birkenstock Holding plc (BIRK), had 1,623 restricted stock units (RSUs) convert/settle on April 29, 2026. The RSUs converted at $0.00 (no cash purchase). To cover tax withholding on the vesting, 690 shares were withheld/disposed at $37.50 each for a tax withholding total of $25,875. Net shares received by Kumar were 933 (1,623 settled minus 690 withheld).
• This was an award/settlement of RSUs rather than an open-market buy or voluntary sale; the withholding is a routine tax-related disposition.

Key Details

• Transaction date(s): April 29, 2026.
• Recorded entries: M-coded entries for conversion/exercise of derivative (1,623 shares acquired at $0.00; a related M entry shows the derivative settled), and an F-coded entry for tax withholding of 690 shares @ $37.50 = $25,875.
• Net new shares received: 933 shares.
• Footnotes: F1 — each RSU represents a contingent right to one ordinary share on settlement; F2 — 690 shares were withheld to pay tax withholding obligations on RSU vesting.
• Shares owned after transaction: Not specified in the provided excerpt of the filing — see the full Form 4 for total beneficial ownership.
• Filing timeliness: Report was filed 2026-04-30 for transactions on 2026-04-29, i.e., filed the next day (appears timely based on provided dates).

Context

• RSU settlement and share-withholding to cover taxes is common and typically routine; it does not necessarily reflect a change in sentiment. No open-market sale or new cash purchase occurred beyond the withholding. The M codes indicate conversion/settlement of the award (derivative) into ordinary shares.