Smith Douglas James 4

What Happened

• Smith Douglas James (Chief People Officer) received a grant of 5,850 restricted shares (award) on 2026-02-19. The award was granted at $0.00 (an equity award, not a cash purchase).
• On the same date, 516 shares were withheld/disposed to satisfy tax withholding obligations at $27.78 per share, totaling $14,334. This withholding reflects payment of the tax liability connected to the grant's vesting/settlement.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the SEC 2-business-day window; timely).
• Codes: A = Award/Grant (5,850 shares acquired at $0.00); F = Tax withholding (516 shares disposed at $27.78, $14,334).
• Vesting: The award is restricted stock that vests equally on each of the first, second and third anniversaries of the grant date, subject to continuous employment (footnote).
• Withholding: 516 shares were withheld by the issuer to satisfy minimum tax withholding upon vesting and net settlement.
• Shares owned after the transaction: not specified in the information provided in this summary.

Context

• This transaction is an equity compensation award (restricted stock) rather than an open-market buy or sale. The withheld shares are routine tax withholding and do not necessarily indicate a decision to sell additional shares.
• For retail investors, awards are common compensation for executives and are neutral by themselves; purchases are generally more indicative of a bullish signal.