Brown Thomas Lynn 4

What Happened

• Director Brown (reported as Brown Thomas Lynn) was granted 14,409 restricted share units (transaction code A) on March 4, 2026. The award was reported at $0.00 per share (typical for RSU grants) and thus has no immediate cash cost shown in the Form 4. These RSUs are payable solely in shares of common stock upon vesting.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
• Grant type/code: A (award/grant); shares granted: 14,409; reported price: $0.00; reported aggregate value: $0.
• Vesting: Footnote indicates these are annual RSUs under the 2014 Non-Employee Director Incentive Plan and vest on March 4, 2027.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or late-filing flag shown in the Form 4.

Context

• This is a standard non-cash equity grant to a non-employee director as part of director compensation. Such awards are routine and intended to align directors with shareholders; they do not represent an open-market purchase (buy) or sale. Investors should note the grant increases the director's potential future stake if the RSUs vest, but it does not by itself indicate a change in insider sentiment.