Mendes Meredith W. 4

What Happened
Meredith W. Mendes, a director of NL Industries, received 6,000 shares on 2026-05-14 as an award/grant (transaction code A). The shares were issued at $6.67 per share, for a total reported value of $40,020. This was an issuance as director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-14; Form 4 filed 2026-05-15 (within the typical 2-business-day filing window).
• Transaction type: Award/Grant (code A).
• Shares acquired: 6,000 at $6.67 each; total value $40,020.
• Shares owned after the transaction: Not disclosed in the Form 4.
• Footnote: Shares were issued for no cash consideration under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan (F1).
• Filing timeliness: Reported promptly (filed one day after the transaction).

Context
Director share awards are commonly part of non-employee director compensation and do not, by themselves, indicate the director is buying or selling based on a view of the stock. For retail investors, these awards are useful to track dilution and director compensation but are not the same signal as an insider cash purchase.