Grieves Ian 4

What Happened
Ian Grieves, President & Managing Director of DynaEnergetics (a DMC Global business), had restricted stock units (RSUs) vest on Feb 26 and Feb 28, 2026. A total of 12,950 shares were converted from RSUs (8,486 on 2/26/26 and 4,464 on 2/28/26) at $0 cost to the reporting person. To satisfy tax withholding obligations, 3,761 shares were withheld on 2/26/26 (priced at $6.39, $24,033) and 1,978 shares were withheld on 2/28/26 (priced at $5.89, $11,650), for total cash proceeds of $35,683. After withholding, the reporting person received a net 7,211 shares.

Key Details

• Transaction dates: 2026-02-26 (8,486 RSUs vested; 3,761 shares withheld) and 2026-02-28 (4,464 RSUs vested; 1,978 shares withheld).
• Prices/values: Withheld shares reported at $6.39 (3,761 shares = $24,033) and $5.89 (1,978 shares = $11,650). RSUs converted at $0 cost to the insider.
• Net shares after withholding from these vestings: 12,950 vested − 5,739 withheld = 7,211 net shares delivered.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes: F1 = shares were withheld to satisfy tax obligations; F2 = each RSU equals one share; F3/F4 = vesting schedules from grants in 2024 and 2025. Per footnotes, 21,435 RSUs remain unvested and scheduled to vest in 2027–2028.
• Filing timeliness: Form 4 was filed 2026-03-02 for report period 2026-02-26 and appears to have been filed on a timely basis.

Context
This was a routine vesting of RSUs with shares withheld to cover tax obligations (transaction codes M = exercise/conversion of derivative, F = tax withholding). Withholding is a common administrative (non-market) disposition and does not necessarily signal a purchase or sale decision by the insider.