Simpson Laura Ellen 4

What Happened

• Laura Ellen Simpson, Executive Vice President, Chief Legal Officer & Secretary of Artisan Partners Asset Management (APAM), disposed of 1,686 shares on February 17, 2026. The shares were exchanged at $42.38 each, for a total value of about $71,453.
• The Form 4 reports the disposition under transaction code "F" (tax withholding). This is a withholding/settlement to cover tax obligations tied to an equity award or option exercise rather than an open-market sale for investment purposes.

Key Details

• Transaction date and price: 2026-02-17 at $42.38 per share.
• Shares disposed: 1,686; total value approximately $71,453.
• Transaction code: F — indicates shares were withheld to satisfy tax withholding on an award/option.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: 2026-02-18 (filed within the normal Form 4 reporting window; not reported as late).

Context

• Code F transactions commonly reflect share withholding to cover taxes after equity award vesting or option exercise (a form of cashless settlement). They are routine administrative transactions and do not necessarily indicate a change in the insider’s view of the company.
• For retail investors, outright purchases by insiders are generally a stronger signal than routine tax-related dispositions like this one.