LOCKHART H EUGENE 4

What Happened
Director H. Eugene Lockhart received a grant of 1,500 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the award as 1,500 shares @ $0.00, reflecting that these were an equity award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-08; reported on Form 4 filed 2026-05-12 (within the required reporting window).
• Transaction type/code: A — Award/Grant of RSUs.
• Amount: 1,500 restricted stock units; reported price $0.00 because this is a grant, not a cash purchase.
• Vesting: Per footnote F1, all 1,500 RSUs vest on the first anniversary of the award (May 8, 2027).
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in the filing.

Context
RSU grants are a form of compensation that do not represent immediately tradable shares until they vest; they’re typically used for retention/incentive purposes. This award does not involve immediate cash proceeds or an open‑market trade and should be viewed as a standard equity compensation event rather than a direct buy or sell signal.