Anschutz Barron 4

What Happened

• Chief Accounting Officer Anschutz converted/settled 2,031 restricted stock units (RSUs) into common shares on January 16, 2026. The issuer withheld 1,080 shares to satisfy income tax withholding obligations (reported as a disposition at $22.12 per share, totaling $23,890). The net result was receipt of about 951 shares. The withholding is a tax remittance, not an open-market sale.

Key Details

• Transaction date: January 16, 2026.
• Conversion: 2,031 RSUs converted to common stock (transaction code M).
• Withholding/tax remittance: 1,080 shares withheld at $22.12 each for $23,890 (transaction code F; per footnote, withholding is not a sale).
• Net shares received: approximately 951 shares (2,031 converted minus 1,080 withheld).
• Footnotes: Each RSU converts to one share; vesting schedule noted (25% vested July 16, 2025, remainder vesting quarterly subject to service and certain acceleration).
• Shares owned after transaction: not disclosed in this Form 4 filing.
• Filing timing: Form filed January 21, 2026 reporting a January 16 transaction (standard Form 4 deadline is within two business days), so this filing was submitted after the transaction date.

Context

• This was a settlement of RSUs with a net-share withholding to cover taxes (a common, routine administrative action), not an open-market sale. For retail investors, tax-withholding dispositions do not necessarily indicate the insider is reducing their economic stake.