Goerner Frederick C 4

What Happened
Director Frederick C. Goerner received a grant of 13,660 restricted stock units (RSUs) on June 30, 2026, reported as acquired at $0.00 per share. According to the filing, these RSUs vested on July 1, 2026 and therefore converted into shares (no cash was paid by the reporting person).

Key Details

• Transaction date: June 30, 2026 (RSUs granted); vesting date: July 1, 2026.
• Transaction type/code: Award/Grant (A). Reported acquisition price: $0.00; total reported cash value: $0.
• Shares owned after transaction: not specified in the filing.
• Filing date: July 2, 2026 — filed within the typical two-business-day window (appears timely).
• Other footnotes in the filing note that certain options are fully vested and that some Class B shares are convertible into Class A shares under specified conditions (see footnotes F2 and F3).

Context
RSU grants are a form of compensation and do not necessarily signal a stock purchase decision; the RSUs vested the next day, meaning they became shares subject to any conversion provisions or holding requirements noted in the filing. The filing also references other equity holdings (vested options and convertible Class B shares), but this specific Form 4 reports only the 13,660-share RSU grant/vesting for Director Goerner.