Starzman Ronald J. Jr. 4

What Happened
Ronald J. Starzman Jr., Executive Vice President of Human Resources at Public Policy Holding Company, reported the sale of 1,881 shares on Jan 27, 2026. The shares were disposed at $12.25 each, totaling approximately $23,042. This filing reports a sale (S), not a purchase.

Key Details

• Transaction date: 2026-01-27; Price: $12.25 per share; Total proceeds: ~$23,042.
• Transaction type on Form 4: Sale (noted as open-market or private sale).
• Shares owned after the transaction: not specified in the provided filing.
• No footnotes, 10b5-1 plan, tax withholding or other special instructions disclosed in the filing.
• Form 4 filed on 2026-01-29 (appears timely under standard two-business-day reporting).

Context
Insider sales can be routine (for diversification, liquidity, or tax reasons) and do not by themselves indicate a change in company fundamentals. Purchases are generally considered stronger signals of insider conviction; this report documents a routine sale with no additional disclosures.