de Meirelles Wolff Elio Gil 4

What Happened
Elio Gil de Meirelles Wolff, Executive Vice‑President of Strategy and Business Development, received an award of 3,129 restricted stock units (RSUs) on March 20, 2026 (transaction code A — grant/award). The filing reports the award amount but shows no per‑share price or cash value (N/A) because these are grant units rather than an open‑market transaction.

Key Details

• Transaction date: 2026-03-20 (Form 4 filed 2026-03-23).
• Transaction type: Award/Grant (RSUs) — 3,129 units; price/value: N/A.
• Shares owned after transaction: Not specified in the filing.
• Footnote highlights: Each RSU is the economic equivalent of one common share and is settled 1:1 in common shares; these RSUs are reserved for executive officers. The reported RSU count reflects an adjustment tied to the company’s December 2025 bonus stock issuance (creation/issuance of Class “C” Preferred Shares); no additional consideration was paid by the insider for that adjustment.

Context
This was an equity award (not a purchase or sale), so it represents compensation rather than an immediate investment decision by the insider. RSU awards typically vest over time and are settled into shares per plan terms; the filing does not indicate immediate sale or cashless exercise.