Fairhead Rona Alison 4

What Happened

• Rona Fairhead (Director) had derivative awards converted/settled on 2026-05-31: 2,114 units were converted into shares (reported as exercise/conversion, code M). Of those, 58 shares were withheld to cover tax liability at $225.78 per share (total withheld value $13,095, code F). In the same filing she was also granted 1,550 restricted stock units (RSUs) (code A) at $0.00 (derivative award).

Key Details

• Transaction date: 2026-05-31; Form 4 filed 2026-06-02 (timely).
• Withholding price and value: 58 shares withheld at $225.78 each = $13,095.
• Acquisitions/Dispositions reported: 2,114 shares acquired via conversion (M); 2,114 shares also shown as disposed in the derivative conversion reporting; 58 shares disposed to satisfy taxes (F); 1,550 RSUs granted (A).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: F1—each RSU entitles holder to one share at settlement; F2—shares withheld to pay tax upon vesting; F3—RSUs vest 100% on first anniversary of grant date.
• Filing timeliness: not indicated as late.

Context

• The M code indicates conversion/settlement of derivative awards rather than an open-market purchase or sale; the F code reflects share withholding to satisfy taxes (a common, routine step on vesting/settlement). The 1,550 RSUs are an award that vests on the first anniversary of the grant and are not the same as an immediate cash purchase or sale, so they represent future potential shares rather than an immediate market position change.