DOUMET ANTOINE M 4

What Happened
Antoine M. Doumet, a director of United States Lime & Minerals Inc. (USLM), exercised stock options on 2026-05-01 to acquire 3,405 shares at an exercise price of $110.00 per share, representing a total transaction value of $374,550. The Form 4 lists this as a derivative exercise (transaction code M) and the shares were reported as acquired.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (accession 0001204975-26-000008).
• Price and quantity: 3,405 shares exercised at $110.00 each; total value $374,550.
• Transaction type/code: M — option exercise (derivative conversion into shares).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or cashless sale is noted in the filing.

Context
An option exercise converts derivative awards into actual shares; because no immediate sale was reported, it appears the shares were acquired rather than cashed out. Exercises increase an insider’s equity stake but do not by themselves indicate a buy/sell opinion — they can be routine (e.g., exercising vested options). For retail investors, purchases or exercises that result in retained shares can be a modest positive signal since the insider is taking or keeping stake in the company.