Ablo Awo 4

What Happened

• Director Ablo Awo had multiple equity events on 2026-05-31. The filing shows conversion/exercise of 2,114 derivative units into common shares (reported as both acquired and disposed), receipt of a grant of 1,550 restricted stock units (RSUs) at $0.00, and 80 shares were withheld to cover tax liability (80 × $225.78 = $18,062).
• The conversion/exercise lines list price as N/A and the same 2,114 shares as both acquired and disposed in the filing; the filing does not report proceeds for the disposed shares. The 1,550 RSUs are a grant (an acquisition of a derivative), not an immediate open‑market purchase.

Key Details

• Transaction date: 2026-05-31.
• Reported codes: M = exercise/conversion of derivative (2,114 shares acquired and 2,114 shares disposed); A = grant/award (1,550 RSUs); F = shares withheld for tax (80 shares at $225.78 each, total $18,062).
• Shares owned after the transactions: not specified in the filing.
• Footnotes: F1—each RSU converts to one share at settlement; F2—shares were withheld to pay tax liability upon vesting; F3—these RSUs vest 100% on the first anniversary of the grant date.
• Filing appears timely (filed 2026-06-02 for 2026-05-31 transaction).

Context

• The filing shows conversion of derivatives with simultaneous disposition of the same 2,114 shares; filings like this often reflect an immediate sale or cashless exercise, though this Form 4 does not disclose sale proceeds or a reported sale price.
• The 1,550 RSU grant vests on the first anniversary, so those shares are subject to future vesting and tax withholding, and do not represent an immediate open‑market purchase or sale.