Pattern Group Inc.·4

May 18, 7:08 PM ET

MATHER ANN 4

Research Summary

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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.