Wiedemer Michael L 4

What Happened

• Michael L. Wiedemer, Vice President of United States Lime & Minerals (USLM), exercised/received 426 shares on Feb 2, 2026 (grant/award) valued at $52,658, and 260 of those shares were surrendered/withheld to cover tax or exercise obligations (95 shares on Feb 2 and 165 shares on Feb 3), totaling $31,234 in withheld value. Net shares retained from the transaction: 166 (426 acquired − 260 withheld), netting approximately $21,424 in value based on the reported per-share amounts.
• This is effectively an option exercise/award with share withholding for tax obligations rather than an open-market sale; the acquisition is a bullish signal (insider receiving shares), while the withheld shares reflect routine tax/price settlement.

Key Details

• Transaction dates and prices:
  • 2026-02-02: Acquired 426 shares @ $123.61 (total $52,658). (Footnote F1: per-share closing price on Feb 2, 2026.)
  • 2026-02-02: 95 shares withheld @ $123.61 (value $11,743). (F1)
  • 2026-02-03: 165 shares withheld @ $118.13 (value $19,491). (Footnote F2: per-share closing price on Feb 3, 2026.)
• Net effect: +166 shares retained after withholding (426 − 260).
• Footnotes: F1 = Feb 2 closing price; F2 = Feb 3 closing price.
• Filing: Form 4 filed 2026-02-04 for transactions with period of report 2026-02-02 — appears to be filed timely (within the standard two-business-day window).
• Shares owned after the transactions: not specified in the provided filing excerpt.

Context

• This was an options exercise/award with shares surrendered to satisfy tax and/or exercise-price obligations (common “cashless” or net-share settlement practice). Withheld shares are not open-market sales and are typically routine for tax/payment purposes. The primary actionable item for investors is the insider acquired a net 166 shares.