McGregor Heather Jane 4

What Happened

• Director Heather Jane McGregor had restricted share units (derivatives) vest/convert on May 12, 2026 resulting in 14,801 ordinary shares. Simultaneously 2,073 shares were withheld to cover taxes (disposed) at $11.55 per share, totaling $23,943. She was also granted 17,316 new restricted share units the same day.

Key Details

• Transaction date(s): May 12, 2026; Form 4 filed May 14, 2026 (covers the May 12 transactions).
• Actions reported: M (exercise/conversion of derivative) — 14,801 shares converted; F (tax withholding) — 2,073 shares withheld and disposed for $11.55/share ($23,943); A (award/grant) — 17,316 RSUs granted.
• Footnotes: F1 = the converted RSUs vest on May 12, 2026 (no expiration); F2 = shares were withheld to pay tax liability; F3 = the new RSUs vest May 11, 2027 (no expiration).
• Shares owned after transaction: not provided in the supplied filing details.
• Filing timeliness: Form filed two days after the transaction date (not marked late in provided data).

Context

• These transactions are primarily awards/vesting and a tax-withholding disposition, not an open-market buy or sell. The withholding of 2,073 shares is a common cashless mechanism to satisfy tax obligations when RSUs convert to shares. The 17,316-item entry is a grant of new restricted share units that vest in 2027 and do not represent an immediate purchase or sale.