Lopez Carlos Luis 4

What Happened Lopez Carlos Luis (SVP, General Counsel) received a grant/award (transaction code A) of 41,420 derivative shares on 2026-02-19. The award shows $0 cash paid per share (no exercise price reported), so this was an equity compensation grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-24 (filed five days after the transaction; exceeds the 2-business-day Form 4 deadline and appears late by one business day).
• Shares granted: 41,420 derivative shares; reported price: $0.00 (no cash consideration reported).
• Vesting: Footnote indicates one-fourth of the shares vest on each anniversary of the grant date (25% per year over four years).
• Shares owned after transaction: Not disclosed in the provided excerpt — see the full Form 4 for total holdings and other holdings of derivative securities.

Context This was an equity compensation award (derivative grant) for an executive — common for executive pay and retention. Such awards are not an immediate purchase signal; vesting conditions mean the shares will be earned over time. The late filing is a compliance detail; it does not by itself indicate intent or sentiment.