Lang Scott A. 4

What Happened

• Scott A. Lang, President, CEO and Director of Anterix, was granted equity awards on May 20, 2026: 18,210 restricted stock units (RSUs) and 72,839 derivative/option-based awards. Both grants were recorded at $0.00 per share (typical for compensation grants), totaling 91,049 shares subject to future vesting.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely).
• Grant values reported at $0.00 per share (award/grant code A).
• Total shares granted: 18,210 RSUs + 72,839 derivative/option awards = 91,049 shares.
• Vesting schedule (both awards): 1/3 vests May 20, 2027, then 1/12 vests quarterly on Aug 10, Nov 10, Feb 10 and May 20 through May 20, 2029 (per filing footnotes).
• RSU note: each RSU is a contingent right to receive one share upon vesting.
• Option note: derivative award becomes exercisable as it vests (per footnote).
• Shares owned after the transaction: not specified in the provided filing details.

Context

• These are compensation grants (awards), not open-market purchases or sales; they do not represent an immediate cash outlay or sale by the insider.
• For the option-based portion, shares will only be issuable if and when the awards vest and, for options, when exercised; the filing does not indicate a cashless exercise or immediate sale.