Larsen Michael M 4

What Happened

• Michael M. Larsen, a director of A. O. Smith (AOS), was granted 2,262 restricted stock units (RSUs) on April 13, 2026. The award is reported as a derivative grant (code A) valued at $66.32 per share, for a total of $150,016. This was an award/retainer payment under the company's Nonqualified Deferred Compensation Plan, not an open-market purchase or sale.

Key Details

• Transaction date and price: April 13, 2026 — 2,262 RSUs at an average price of $66.32 (based on the average of the high and low on that date).
• Total value: $150,016.
• Plan and deferral: Grant made under the A. O. Smith Nonqualified Deferred Compensation Plan; Mr. Larsen elected to defer receipt of the award. (Footnotes F1, F2)
• Dividends: The RSUs receive quarterly dividend reinvestment; 215 RSUs were credited from dividends. (Footnote F3)
• Filing timeliness: Form 4 filed April 15, 2026 — within the typical 2-business-day reporting window.
• Shares owned after transaction: Not specified in the materials provided.

Context

• These RSUs represent compensation (a retainer) converted to deferred equity units under the company's deferred compensation plan. As an award rather than a purchase or sale, it reflects routine director compensation rather than an immediate market bet.