FLORNESS DANIEL L 4

What Happened

• Director Daniel L. Florness was granted 343.32 stock units (derivative award) on 2026-05-29. The filing lists a per-unit value of $64.08, giving a reported aggregate value of $22,000. This was an award/grant (Form 4 transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the required 2 business days).
• Units granted: 343.32 stock units at $64.08 per unit; aggregate reported value $22,000.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Units convert 1-for-1 into common shares.
  • F2: Conversion occurs upon retirement, death, disability or certain specified events, and may be subject to required holding periods.
  • F3: Amount includes units from a dividend-equivalent feature of the Directors' Deferred Compensation Plan.
• Transaction type: Award/Grant of deferred stock units (derivative), code A.

Context

• These are deferred compensation stock units (a derivative award) that convert into common shares under specified conditions; they are not an immediate market purchase and do not indicate an immediate sale or buy signal. The inclusion of dividend equivalents means some units reflect previously credited dividends under the plan.