Pritzker Jason 4

What Happened Jason Pritzker (reported as a 10% owner) was granted 179 restricted stock units (RSUs) on 2026-03-15. The Form 4 lists this as an award/grant (code A) of a derivative security at $0.00 per unit (no immediate cash paid). These RSUs represent the contingent right to receive Class A common stock in the future.

Key Details

• Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-17).
• Transaction type/code: Award/Grant (A) — 179 RSUs @ $0.00; derivative instrument.
• Reported value: $0 on grant; each RSU converts to one share when settled (see footnotes).
• Shares owned after transaction: Not specified in the provided summary.
• Footnotes: F1 — each RSU equals the contingent right to one Class A share. F2 — these RSUs were issued under the company’s long-term incentive and director compensation plans, are fully vested, and will be settled in Class A stock upon termination of the reporting person’s service as a director.
• Timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).

Context This was an equity award (compensation), not a purchase or sale. RSUs are derivative awards that typically do not create immediate tradable stock until settled; here, settlement is deferred until the director’s service ends despite the units being fully vested. Awards to non-employee directors or large owners are common compensation actions and do not by themselves signal a buy/sell decision by the insider.