MATHER ANN 4
4 · Pattern Group Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Pattern Group (PTRN) Director Ann Mather Sells Shares, Receives RSUs
What Happened
Ann Mather, a director of Pattern Group, sold 5,301 shares in an open‑market transaction on May 15, 2026 for a weighted average price of $16.51 per share (total ≈ $87,520). On the same date she was also awarded 11,356 restricted stock units (RSUs) with no cash purchase price; each RSU represents a contingent right to one share of Series A common stock.
Key Details
- Transactions date: May 15, 2026. Sale code = S; Award/Grant code = A.
- Sale details: 5,301 shares sold; weighted average price $16.51; sale prices ranged $16.50–$16.56 (filing footnote). Total proceeds ≈ $87,520.
- Award details: 11,356 RSUs granted at $0.00; RSUs vest on the earlier of (i) May 15, 2027 or (ii) the issuer’s 2027 Annual Meeting, subject to continued service (filing footnote). Each RSU converts to one share upon vesting.
- Shares owned after transaction: Not specified in the information provided in this summary.
- Filing timeliness: Form 4 filed May 18, 2026 — within the required two business‑day window following the May 15 transaction.
Context
The sale was an open‑market disposition (commonly routine) while the RSU grant is a compensation award that vests in the future subject to continued service. RSU awards are not an immediate purchase; they entitle the holder to receive shares if vesting conditions are met. No 10b5‑1 plan, tax‑withholding, or other special instructions were disclosed in the provided notes.
Insider Transaction Report
- Sale
Series A Common Stock
[F1]2026-05-15$16.51/sh−5,301$87,520→ 31,509 total - Award
Series A Common Stock
[F2]2026-05-15+11,356→ 42,865 total
Footnotes (2)
- [F1]The price reported in column 4 is the weighted average price. The shares were sold in multiple transactions at prices ranging from $16.50 to $16.56 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]These shares represent restricted stock units (RSUs) granted on May 15, 2026, which fully vest on the earlier of (i) May 15, 2027, or (ii) the date of the issuer's 2027 Annual Meeting of Stockholders, subject to the continued service of the reporting person to the issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of Series A common stock.