Parisi Samuel Joseph 4

What Happened

• Samuel Joseph Parisi, VP, Finance (Interim PAO), exercised a total of 16,217 options (3,392 @ $20.03 and 12,825 @ $19.34) on 2026-05-29 and sold 16,217 shares in an open-market transaction the same day. The exercises cost $315,978 in aggregate; the shares were sold for a weighted-average price of $42.36, generating gross proceeds of $687,007 (net cash difference ~ $371,029 before taxes/fees). Footnotes indicate the options were fully vested.

Key Details

• Transaction date: 2026-05-29.
• Options exercised: 3,392 shares @ $20.03 ($67,942) and 12,825 shares @ $19.34 ($248,036); total exercised = 16,217.
• Shares sold: 16,217 open-market shares at a weighted-average price of $42.36, total proceeds $687,007. (Sale prices ranged $42.245–$42.50 per F1.)
• Footnotes: F1 = weighted-average sale price; F2 = options were fully vested.
• Shares owned after transaction: Not stated in this filing.
• Filing timeliness: Reported on 2026-05-29 (no late filing indicated).

Context

• This appears to be a cashless-style sequence (options exercised and the resulting shares sold the same day), a common way for insiders to realize option gains. The filing is factual about the mechanics (exercise = derivative M code; sale = S code) and does not indicate any 10b5-1 plan or gift.