Burnell Lawrence E 4

What Happened

• Director Lawrence E. Burnell was granted 332 Deferred Stock Units (DSUs) on July 6, 2026, at a reported value of $19.79 per unit, for an aggregate value of $6,570. The filing classifies this as an award/acquisition (derivative interest), not an open-market purchase.

Key Details

• Transaction date: 2026-07-06. Filing date: 2026-07-07 (timely; filed the next day).
• Price/value: $19.79 per DSU; total reported value $6,570.
• Transaction code: A (award/grant); security type: Derivative — Deferred Stock Units (DSUs).
• Shares owned after transaction: Not specified in the Form 4.
• Footnotes: F1 — Each DSU equals the economic equivalent of one share and becomes payable in cash, common stock, or a combination under the Issuer’s Directors Preferred Compensation Plan. F2 — Ownership figures are adjusted to include shares bought via dividend reinvestment since the last ownership report.

Context

• DSUs are a form of deferred compensation for directors that represent future economic rights (payable in cash or stock) rather than immediate stock ownership or voting power. Such grants are commonly part of routine director compensation and should not be interpreted alone as a buy or sell signal.