StandardAero: chief legal officer Michael L. Kaplan exercised 2,941 shares

What happened The Form 4 filed Oct 16, 2026 reports that Michael L. Kaplan, chief legal officer, exercised or converted 2,941 restricted stock units (RSUs) into 2,941 shares on Oct 15, 2026. The filing also reports a derivative disposition for 2,941 shares on Oct 15, 2026 with $0 value (derivative). On Oct 16, 2026 Kaplan sold 780 shares in an open-market sale at $21.24 per share for $16,567; the filing states the sale was to cover tax withholding in connection with RSU vesting (footnote F2).

Key details

• Transaction dates and prices: Oct 15, 2026 — exercise/conversion of 2,941 RSUs; Oct 16, 2026 — sale of 780 shares at $21.24 for $16,567.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 — each RSU represents a contingent right to receive one share; F2 — shares sold to cover tax withholding from RSU vesting; F3 — RSUs vest in three equal annual installments beginning on Oct 15, 2026.
• Filing date: Oct 16, 2026 (reported transactions dated Oct 15 and Oct 16, 2026).

Why it may matter

• The filing shows RSUs vested/converted to common stock and that some shares were sold immediately to satisfy tax withholding (a cashless sale to cover taxes).
• The filing records both the derivative conversion and the market sale; it does not provide motives or company rationale.
  This filing does not show why the insider traded or why the company acted.