EBEL GREGORY L 4

What Happened

• Gregory L. Ebel, a director of Mosaic Co. (MOS), converted/exercised derivatives and disposed of 7,310 shares on May 28, 2026 (transaction code M), and on the same date was credited with 10,910 restricted stock units (RSUs) (transaction code A).
• The reported exercise/conversion and the derivative grant were reported with a $0.00 per-share acquisition price (the Form 4 shows $0.00 for these derivative conversions/grants). The 7,310 shares converted were also reported as disposed the same day, indicating an immediate sale or disposition following conversion.
• Net effect from the reported transactions: +10,910 RSUs acquired minus 7,310 shares sold = a net increase of 3,600 shares; an additional 71 shares were added to the reporting person’s total holdings after an audit adjustment (see footnote F1), for a combined increase of 3,671 shares to the reported position.

Key Details

• Transaction dates: May 28, 2026; Form 4 filed June 1, 2026 (filed within the standard two-business-day window).
• Prices: All derivative acquisitions/conversions and the grant are reported at $0.00 per share on the Form 4 (derivative conversion/grant pricing); sale proceeds for the disposed shares are not shown on the Form 4 excerpt provided.
• Shares after transaction: total post-transaction holding not specified in the provided data; the filing notes 71 shares were added after an audit discrepancy (F1).
• Notable footnotes: F1 = 71-share audit adjustment; F2 = one-for-one conversion; F5 = the RSUs vested on the date of the issuer’s 2026 Annual Meeting of Stockholders (vesting/delivery context). F3 and F4 are listed in the filing but F5 describes the RSU vesting applicable to these shares.
• Filing timeliness: Report filed on June 1, 2026 for a May 28, 2026 transaction — appears timely (within two business days).

Context

• For retail investors: code M indicates exercise or conversion of a derivative (e.g., option or other convertible award); code A indicates grant/award (here, RSUs). The fact that the converted 7,310 shares were reported as disposed the same day suggests an immediate sale following conversion (a common liquidity or tax-related step), while the 10,910 RSUs were reported as granted/vested to the director.
• These kinds of mixed transactions (conversion + immediate sale, plus RSU delivery) are often administrative in nature; they are factual reports of transfers and do not by themselves indicate the insider’s view of the company’s stock.