Carl Marlene 4

What Happened
Carl Marlene, a director of Tucows Inc. (TCX), was granted 3,750 shares on 2026-06-02. The Form 4 reports the transaction as an "A" (award/grant) and a derivative acquisition with an acquisition price of $0.00, for a reported dollar value of $0. This is an award-type acquisition (not an open-market purchase or sale) and typically reflects compensation or a board grant rather than a cash purchase.

Key Details

• Transaction date: 2026-06-02; Filing date (Form 4): 2026-06-09 (appears later than the SEC’s standard 2-business-day filing window).
• Transaction code: A (award/grant); Instrument reported as a derivative (e.g., RSU/restricted stock-type award).
• Shares acquired: 3,750; Acquisition price: $0.00; Reported value: $0.
• Shares owned after transaction: Not specified in the provided details of this summary.
• No footnotes or 10b5-1/tax-withholding details provided in the information supplied.

Context
Awarded shares are common for directors as part of compensation and do not necessarily signal immediate buying or selling intent. Because this is a derivative award (code A), vesting or settlement conditions may apply; the filing does not specify vesting terms or whether shares are immediately transferrable. The later filing date may be administrative but is worth noting for timeliness.