Scherer Marcus Andreas 4

What Happened
Scherer Marcus Andreas (Chief Engineering) was granted 3,274 restricted share units (transaction code A) on June 1, 2026, recorded at $12.51 per share for a reported aggregate value of $40,958. This filing reports an award of equity (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-06-01; Form filed: 2026-06-03 (appears timely — within the typical two business day Form 4 window).
• Security: Restricted Share Units (RSUs) acquired — 3,274 units at $12.51 per share; total reported value $40,958.
• Shares owned after the transaction: Not specified on this Form 4.
• Footnote: F1 — The RSUs will vest in full on April 1, 2029, subject to the reporting person’s continued employment.
• Transaction code: A = Award/Grant.

Context
This was an equity grant as part of compensation (RSUs). Awards reflect potential future ownership if vesting conditions are met and are not the same as an immediate cash purchase or a sale; they do not by themselves indicate the insider is buying or selling stock in the open market.