Yemin Ezra Uzi 4

What Happened

• Director Yemin Ezra Uzi exercised stock options (transaction code M) on February 27, 2026, resulting in the acquisition of 103,701 shares at an exercise price of $38.11 per share. The exercise represents a cash outlay of approximately $3,952,045. The filing reports an acquisition (not a sale), which is generally a more informative signal than a routine sale.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02
• Transaction type: Exercise/conversion of derivative (code M)
• Shares acquired: 103,701 at $38.11 each
• Total exercise cost: ~$3,952,045
• Shares owned after transaction: Not disclosed in the excerpt provided
• Footnotes/notable items: No 10b5-1 plan, tax withholding, or immediate sale (cashless exercise) are indicated in the provided summary — check the full Form 4 for any footnotes
• Timeliness: Form 4 filed on 2026-03-02; the provided excerpt does not state a late-filing flag

Context

• This was an option exercise (the company insider converted derivative rights into common shares). The filing shows acquisition of shares rather than an immediate sale; if shares had been sold immediately in a cashless exercise, that would be noted in the full Form 4. Retail investors should review the complete Form 4 for ownership totals, any withholding or disposition details, and footnotes that can affect interpretation.