Paglia John Kenneth 4

What Happened
Director John Kenneth Paglia received an award of 10,861 restricted stock units (RSUs) on December 3, 2025. The grant was recorded at $0.00 per share (a non‑cash equity award); no cash was exchanged. RSUs convert into shares only as they vest.

Key Details

• Transaction date: 2025-12-03; transaction type: A (award/grant).
• Grant amount: 10,861 RSUs; reported grant price: $0.00.
• Shares owned after the transaction: not reported in the information provided.
• Vesting schedule (from footnote): ~1/12 of the shares vest 12/31/2025; 1/4 vest on 3/31, 6/30, and 9/30/2026; and 1/6 vest on 11/30/2026.
• Filing timing: Form 4 was filed on 2026-03-02 for the 2025-12-03 grant—this is later than the standard 2-business-day reporting window, indicating a late filing.

Context
RSU grants are a common form of director compensation and do not represent an immediate purchase or sale of stock. Because RSUs vest over time, they only become tradable shares if and when the vesting conditions are met. For retail investors, such awards show management compensation/alignment but are not a direct market buy signal; watch the vesting dates for when additional shares may enter the float.