LINDGREN DOUGLAS A 4

What Happened
Director Douglas A. Lindgren acquired two forms of equity-related compensation on March 31, 2026. He received 334.939 shares through the company's distribution reinvestment plan (priced at $11.24, $3,765 total) and was credited with 6,571.936 Deferred Stock Units (DSUs) under the independent directors compensation plan (priced at $11.26, $74,000 total). Both items are acquisitions (reported with code J) and are routine compensation/plan transactions rather than open-market purchases.

Key Details

• Transaction dates and prices: March 31, 2026 — 334.939 shares @ $11.24 (acquired, $3,765); 6,571.936 DSUs @ $11.26 (acquired, $74,000).
• Total reported value: approximately $77,765.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.
• Footnotes: F1 = shares from the Amended & Restated Distribution Reinvestment Plan; F2 = DSUs credited under the Amended & Restated Independent Directors Compensation Plan; F3 = DSUs payable upon separation, a specified date, or change in control.
• Filing timeliness: Form 4 filed Apr 2, 2026 for Mar 31, 2026 transactions — appears to be filed timely.

Context

• The distribution reinvestment is a routine dividend-reinvestment purchase (typical of DRIP activity).
• The DSUs are a deferred compensation instrument that are economically equivalent to shares but generally are payable later (on separation, a set date, or change in control); they do not represent immediate tradable stock.
• These transactions reflect standard director compensation and reinvestment activity rather than discretionary open-market investing.