Sajkowski Daniel J 4/A

What Happened

• Director Daniel J. Sajkowski converted/exercised 3,796 restricted stock units (RSUs) on 2025-06-24. The Form 4 shows a conversion/exercise (code M) for 3,796 shares at $0.00 and an open-market/private disposition (code S) of 1,518 shares at $0.00. The filing is an amended Form 4.
• Footnotes indicate Sajkowski elected to receive 40% of the vested RSUs in cash equivalent (F1). Each RSU equals one common share and RSUs were 100% vested (F2, F3). The $0.00 per-share amounts reflect cash settlement/reporting conventions, not a market sale price.

Key Details

• Transaction date: 2025-06-24.
• Converted/exercised: 3,796 RSUs → reported as acquired (code M) then reported as converted/derivative disposition (code M) as part of settlement.
• Sold/cashed out: 1,518 shares (≈40% of 3,796) reported as disposed (code S).
• Price reported: $0.00 per share on the Form 4 (cash-equivalent settlement; no market sale price shown).
• Shares owned after the transactions: not provided in the data supplied on this summary.
• Filing: Amended Form 4 (this corrects or updates a prior filing).

Context

• This looks like a routine RSU vesting/settlement: RSUs converted to their share/cash equivalent and a portion (~40%) was cashed out (commonly to cover tax withholding or elected cash settlement). The conversion is not a cash purchase—rather an award settlement—so it’s not a bullish “buy” signal. Sales for tax or settlement purposes are common and do not necessarily indicate a change in insider sentiment.