MARK RICHARD J 4

What Happened

• Director Mark Richard J (Mark Rich) settled/converted 1,333 restricted stock units (RSUs) on May 22, 2026. As part of the settlement he had 37% (493 shares) cashed out and sold to the issuer for $173.78 each, generating $85,674. The remaining 63% (840 shares) were issued to him as common stock.

Key Details

• Transaction date: 2026-05-22; Form 4 filed: 2026-05-26.
• Sold 493 shares at $173.78 each for total proceeds of $85,674 (disposition to issuer).
• 1,333 RSUs were converted in total; 840 shares were retained (issued) to the insider.
• Footnote: Each RSU equaled one share of THC common stock; the reporting person settled 37% for cash and 63% for shares.
• Shares owned after the transaction are not specified in the excerpt provided.

Context

• This was a routine RSU settlement (derivative conversion), not an open-market purchase—part cash settlement to cover tax/withholding and part issuance of shares to the insider.
• The small cash sale to the issuer is common in RSU settlements and does not necessarily signal the insider’s view on the company’s prospects.