Taylor Susan J.S. 4
Research Summary
AI-generated summary
Pattern Group (PTRN) Director Susan J.S. Taylor Receives RSU Award
What Happened
Susan J.S. Taylor, a director of Pattern Group, was granted 11,356 restricted stock units (RSUs) on May 15, 2026. The RSUs were awarded at a $0.00 per-share purchase price (transaction code A — award/grant). These RSUs represent a contingent right to receive one share of Series A common stock per RSU upon vesting; no shares were sold or purchased in an open-market transaction.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 18, 2026.
- Award: 11,356 RSUs granted, acquisition price listed as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs vest on the earlier of (i) May 15, 2027 or (ii) the issuer’s 2027 Annual Meeting, subject to continued service. Each RSU converts to one share of Series A common stock upon vesting.
- Filing type: Award/grant (A). No indication in the filing of accelerated vesting, tax withholding, 10b5-1 plan, or late-filing flag.
Context
RSU awards are a form of compensation/retention and do not reflect an immediate market purchase or sale by the insider. Because vesting is contingent on continued service (and a future event), these RSUs align the director’s potential future ownership with company performance but are not an immediate liquidity signal.