Kermisch Marc 4

What Happened

• Marc Kermisch, Chief Technology & AI Officer of Proto Labs (PRLB), was granted two equity awards on February 25, 2026: 2,795 shares (direct RSUs) and 5,095 derivative RSUs. Both awards have a $0 purchase price (they are compensation grants), for a total of 7,890 RSUs.
• These are awards (not open-market purchases or sales); they represent future compensation that will convert to ordinary shares as the awards vest.

Key Details

• Transaction date: 2026-02-25; Report filed: 2026-02-27 (filed within the typical two-business-day Form 4 window).
• Price: $0.00 per share (award/grant).
• Total shares granted: 2,795 (award) + 5,095 (derivative award) = 7,890 RSUs.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 and F2 state the vesting schedule — 25% of the shares vest on February 25, 2027, and 25% on each February 25 thereafter until fully vested.
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares in the filing.

Context

• These RSUs are compensation-based awards, not market purchases; they provide future shares only as they vest and so are not a direct bullish purchase signal today.
• The 5,095 "derivative" RSUs are simply RSUs that will result in shares upon vesting (not option exercises or cashless sales).