BRAENDER LORI J 4

What Happened

• Lori J. Braender, Corporate Secretary (remark: former Chief Legal Officer & Chief Compliance Officer), had 76,147 shares withheld by Aquestive to satisfy tax withholding related to the vesting of Performance Stock Units (PSUs). The withholding was reported as a disposal at $4.18 per share, totaling roughly $318,294.

Key Details

• Transaction date: 2026-05-05; Filing date: 2026-05-07 (timely filing).
• Price used for withholding: $4.18 per share; Shares withheld/disposed: 76,147; Approximate value: $318,294.
• Transaction code: F — shares withheld to satisfy tax withholding on vested awards (see footnote F1).
• Shares owned after the transaction: not specified in the provided filing.
• Remark on insider status: listed as Former Chief Legal Officer and Chief Compliance Officer.

Context

• This was not an open-market sale but a cashless-like tax-withholding on vested PSUs: the company retained (surrendered) shares to cover Braender’s tax obligation. Such withholdings are routine and do not necessarily indicate insider sentiment about the stock.