Gross Daniel Andrew 4

What Happened

• Daniel Andrew Gross (insider) was granted two awards on 2026-06-01: 246,665 restricted stock units (RSUs) and 332,615 derivative awards (reported as an acquisition at $0.00). The combined grant totals 579,280 awards. No cash value or exercise price is reported in the excerpt; these are compensation awards, not open‑market purchases or sales.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely — within the usual two business days).
• Reported price: $0.00 for both items (typical for grants/awards; does not reflect fair market value).
• Vesting: Both awards vest in four substantially equal annual installments beginning December 23, 2026 (F1 applies to the RSUs; F2 refers to the derivative/option vesting schedule).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Notes: RSUs convert to shares upon vesting; the derivative award appears to be an equity‑based award (e.g., options) with a vesting schedule — exercise price or other terms are not shown here.

Context

• These awards are standard compensation/retention grants and do not represent an open‑market buy or sale. RSUs deliver shares upon vesting (taxable at that time); derivative awards (if options) give the right to acquire shares subject to vesting and any exercise price. No immediate cashless exercise or sale is indicated in this filing.