Brooks David R 4

What Happened

• Director David R. Brooks was granted 1,050 Restricted Share Units (RSUs) on 2026-05-01 as the stock component of his annual director fees. The grant price is recorded at $97.48 per share for a total grant value of $102,354. This transaction is coded as an award/grant (A) and is a derivative grant—not an open-market purchase.

Key Details

• Transaction date: 2026-05-01; Filing date: 2026-05-04 (filed timely within the SEC two-business-day window).
• Grant details: 1,050 RSUs at $97.48 per share; aggregate value $102,354.
• Vesting: These RSUs cliff vest on 2026-11-01 (per filing footnote).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Transaction type: Derivative award (RSUs). Code A = award/grant.
• No indication of a 10b5-1 plan, sale, or tax-withholding transaction was reported in this filing.

Context

• RSUs are a promise to deliver common shares (or cash equivalent) on the vesting date; Brook’s grant does not represent immediate free-trading shares. Awards like this are routine for non-employee directors as part of compensation and should not be interpreted alone as a buy/sell signal.